Bank overdraft fees, don't you just hate them?

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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