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Brett Emison
Brett Emison
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Banks Tricking Customers Into Opting Out Of New Protections

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New legislation designed to protect the public make it illegal for banks to charge overdraft fees on debit card card tranactions… unless the bank can trick its customers into opting out of that protection. Banks make billions off overdraft fees and are doing everything in they can in order to protect that revenue stream.

From Fox 4 News Kansas City:

According to the Fox 4 News report, banks do not give their customers an online option to keep these new protections: only to give up the protection or decide later.

What do you think? Should banks be allowed to trick their customers into giving up these new protections?