Banks see big profits from overdraft fees

During these tough economic times, many of us are struggling with debt management.

[Joseph Ahern]

Shocking that the overdraft protection program slipped in a few years ago with no fanfare. More shocking that the fees amount to billions a year. Deregulation has done very little for the consumer. Enlightening item!

[what]

the ceos see big bonus on the overdraft fees. wall street sees big profit on overdraft fees. the administration sees uplift on overdrart fees. those $7.00 a week taxcut is adding up on the gdp averages.

[flat lander]

so you want to play with there money and convenience of use and accepted by most then they should do this to make you happy. not when there was some competition but not in these doldrums If you use it on a daily basis try a debit card. all depends on how life is coming at you. I tend to use a debit card around for the daily things but if a big purchase is needed I got a few hot cards and travel to do what I do best.