Overdraft protection is a service designed to benefit consumers that have overdrawn their checking account. If you tend to carry a lower balance in your account overdraft protection can help you save a lot in overdraft fees. Before setting up overdraft protection at your bank it’s important to see if there are any hidden fees [...]
All bank fees are frustrating but there are a few that top the list. TD Bank recently conducted a survey of 3,000 checking account customers at various banks throughout the country. They found that non-bank ATM fees were ranked most frustrating by 38% of respondents. That’s the fee you get when you withdraw money at an [...]
The Dodd-Frank Wall Street Reform Act was signed into law back in 2010. The Act has helped consumers avoid being charged a hefty overdraft fee for making small dollar purchases if you “opt-out” at your bank. Unfortunately what it's also done is caused banks to raise fees for other services, and create new ones to make up [...]
