Bank of America eliminates bounced check fee and cuts overdraft charges
CNN
Fees for bounced checks or lacking enough money in your account could soon be a thing of the past.
Bank of America (BAC) is the latest -- and biggest -- major financial institution to announce that it is ending fees for insufficient funds. It also plans to cut overdraft fees from $35 to $10.
The end of the bounced check fee goes into effect next month, Bank of America said in a press release Tuesday. The overdraft fee reduction will begin in May.
President Joe Biden asserted Friday that Hamas has been degraded to a point where it can no longer carry out the type of attack that launched the current 8-month conflict in Gaza, laying out a three-phase proposal Israel has submitted to wind down the grinding crisis as he declared, “It’s time for this war to end.