Pay $35 overdraft for $5 purchase? Banks Under Fire for ‘Irrational Fees’ – NBC New York
It’s likely that most credit and debit cardholders have at some time made a transaction that the funds in the account are not enough to cover, even if it is as small as $5 dollars or less. Such a distraction would mean receiving a hefty overdraft fee when the bank covers the transaction, a practice … Read more