Detailed text transcripts for TV channel - FOXNEWS - 20100314:17:11:00
Exceeding what they just bought. that could change, rules could require banks to get your okay before providing overdraft services for debit buys are withdrawals. bank of america is putting this into effect in mid june. it says that checking customers don't want to spend money that they don't have. in most cases if you have a lack of funds your debit purchase or withdrawal will be denied. not all banks are taking such a hard line because overdraft fees are big source of income. last year, banks got billions from overdraft fees on debit card and atm transactions. consumers decide not to opt-in ...