Bank of America Announces Sweeping Changes To Overdraft Services In 2022, Including Eliminating Non-Sufficient Funds Fees and Reducing Overdraft Fees
With New Changes, Company Will Have Reduced Overdraft Fee Revenues by 97% from 2009 Levels Bank of America announced significant changes to its overdraft services, including plans to eliminate non-sufficient funds (NSF) fees beginning in February, and to reduce overdraft fees from $35 to $10 beginning in May. The company will also......