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More than 13 million Bank of America (BAC) debit-card customers could see some repayment for excessive overdraft fees the bank charged between January 2001 and May 2011. On Monday, a federal judge ...
Like many banks, Bank of America pledged at the beginning of the COVID-19 pandemic to provide needy customers with financial assistance, and to refund certain overdraft and NSF fees, according to ...
While banks have cut back on overdraft fees in the past decade, the nation’s biggest banks still take in roughly $8 billion in the charges every year, according to data from the CFPB and bank ...
While banks have cut back on overdraft fees in the past decade, the nation’s biggest banks still take in roughly $8 billion in the charges every year, according to data from the CFPB and bank ...
In 2022, Bank of America stopped charging NSF fees and reduced overdraft fees to $10 from $35. No more than two overdraft fees may be charged in a day. ... The bank’s overdraft fee is $35 an ...
JPMorgan Chase, Wells Fargo and Bank of America reported a combined $2.2 billion in overdraft fees in 2023, ... Bank of America cut the fees to $10 from $35 in 2022.
It's the latest move by the nation's biggest banks to roll back the overdraft fees they long charged customers, fees that often amount to hundreds of dollars a year for frequent overdraft users ...
A daily look at legal news and the business of law: Big Banks Failed to Kill Lawsuit That Could Cost Billions Consumer attorneys across the country sued all the big banks -- Bank of America (BAC ...