This is AMAZING! I just got into an argument with Chase about this the other day. You let me spend it and then CHARGE ME? Checks I understand because that's a bad look and the company could possibly charge you more, BUT store purchases??? Why would I pay overdraft on a Duane Reade purchase on a $3 Duane Reade purchase. That's ridic...your stealing my money and now hopefully you wont be anymore.
Fee Rules Due on Overdrafts: "The Fed is likely to soon pass new rules making it harder for banks to hit customers with fees for overdrawing their accounts, a top official told a Senate subcommittee.