Bank Overdraft Fees: America's Banks Made Billions of Dollars Last Year

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

If your bank account is in one of these banks - JPMorgan Chase, Bank of America and Wells Fargo - chances are you contributed a great deal to their humongous overdraft profit.

I certainly did! I contributed about 60 bucks last week alone in overdraft fees... LOL...

I was once told, the Haitian community in Miami looses millions of dollars in overdraft fees every year.

You do know what happens when you a payment goes through and there's not enough money in the bank to cover for it, don't you? No surprise here, you are not the only one that happens to. It's big business my friend.

You may hate those hefty overdraft fees but your bank loves it!

What is your story?

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Read more: Money, Haitian Diaspora, Banking Services, Banks, Retail banking, Online Banking, Business

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