Bank overdraft fees, don't you just hate them?
You may hate those annoying bank overdraft fees but your bank loves it!
Did you know?
The 3 biggest banks in America made more than $6 billion last year just from ATM fees and overdraft fees. Ouch!!!
As if that wasn't enough, Read this from Bank of America:
If your account has a negative balance for 5 consecutive business days, you will receive an additional one-time Extended Overdrawn Balance Charge of $35 on the sixth day.
The Extended Overdrawn Balance Charge is in addition to any applicable fees for overdraft items, insufficient funds and returned items.
Being broke is a punishment...
Related Articles:How much of your money did you loose last year due to overdraft fees from your bank? Did you know? America's three biggest banks made more than $6 billion last year from ATM fees and overdraft fees alone.
Read: Bank Overdraft Fees: America's Banks Made Billions of Dollars Last Year
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