How to Get Your Overdraft Fees Refunded [CNET News]
Bank of America Corporation (BAC)
Last bank of america corporation earnings: 4/15 06:45 am
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Source: CNET News
Key Takeaways If you have a history of responsible money management, you may be in a good position to successfully request a refund of an unexpected overdraft fee. You can avoid overdraft fees in the future by opting into overdraft protection and keeping an eye on your account balance. It's also worth considering a bank that has reduced or eliminated overdraft fees. More than a quarter of households paid an overdraft or non-sufficient funds fee last year, according to the Consumer Financial Protection Bureau -- evidence of the fact that many of us struggle to monitor our checking account balances in the midst of busy schedules. If you recently learned your account is overdrawn, that fee can feel frustrating. In some cases, you might even see several charges if your bank's policy allows for multiple overdraft fees per day. But don't despair just yet. Some banks and credit unions are willing to be flexible and reverse overdraft fees. And even if you're stuck paying them now,
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BAC
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- 4/16/24 - Beat
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- 7/3/24 - Form FWP
- 7/2/24 - Form 424B2
- BAC's page on the SEC website