Wells Fargo to Scrap Bounced Check, Overdraft Protection Fees by March 30

Wells Fargo & Co. has said that it will stop charging customers fees for bouncing checks and will waive fees for customers using its overdraft protection services by March 30, as it becomes the latest bank to announce changes to overdraft policies amid growing regulatory scrutiny. Wells Fargo will also give customers who overdraw their accounts 24 hours to bring the balance above $0 before charging them a $35 fee, and it will begin giving customers who receive direct deposits access to those funds up to two days in advance.

If you are struggling financially, call us at 816-524-4949 or click here to schedule a consultation to discuss your options.

This entry was posted in General. Bookmark the permalink.

Leave a Reply