Re: do banks conspire to FIX high checking overdraft fees ?




misterfact@xxxxxxxxx wrote:
I wrote the first checking overdraft in my life! The bank paid the
check and it created an overdraft of $1.27. They then charged me $25
for the oversight.

.Certainly it doesn't cost the bank $25 to pay for that check and cover

the interest on $1.27 for a couple of days!


Do all banks charge that much?

Get yourself an account with overdraft protection or a line of credit
supplement. I had one twenty-odd years ago and I assume they are still
available.

David Ames

.



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