Banks look to overdraft fees as credit card fees decline

Posted by admin on August 10th, 2009 at 09:30am

Moebs Services data show that the median bank overdraft fee rose from $25 to $26 for the first time during a recession in 40 years. While banks are raking in fees on overdrafts, their revenues from credit card fees are down. …

Read the original:
Banks look to overdraft fees as credit card fees decline

Share This

Related posts:

1. Dollars & Sense blog: Bank Overdraft Fees To Hit $38.5 This Year … Data from Moebs Services, a research company, show that the...
2. U.S. banks will gather a record of $38.5 billion in overdraft fees … As of earlier this week, American Express and Discover Bank...
3. Dodd offers protection from bank overdraft fees (AP) Bank of America, JPMorgan overhaul overdraft fees (AP) As...
4. Fed: Consumers must opt in to debit card overdraft fees In third quarter financial statements filed this month, Wells Fargo...
5. » How High Are Your Bank's Overdraft and Related Fees? Dvorak … I tried Wachovia 2 years ago because it was down...

Under Uncategorized