{"id":411585,"date":"2010-03-10T09:11:35","date_gmt":"2010-03-10T14:11:35","guid":{"rendered":"tag:consumerist.com,2010:\/\/1.10003066"},"modified":"2010-03-10T09:36:28","modified_gmt":"2010-03-10T14:36:28","slug":"boa-kills-overdraft-fees-on-debit-purchase","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/411585","title":{"rendered":"BoA Kills Overdraft Fees On Debit Purchase"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/consumerist.com\/assets_c\/2010\/03\/moneyisred-thumb-300x200-37954.jpg\">         <\/p>\n<p>Bank of America announced they will stop charging overdraft fees on debit card purchases. If you don&#8217;t have enough money to buy the item, the transaction will be declined. <\/p>\n<p>Reached for comment, JP Morgan Chase had none, and Wells Fargo said they&#8217;re working on something.<\/p>\n<p>The move comes ahead of new federal regulations, and goes a step beyond. The new law only requires banks to get permission from customers before charging letting them overdraft and levy fines.<\/p>\n<p>&#8220;What our customers kept telling me is &#8216;just don&#8217;t let me spend money that I don&#8217;t have,&#8221; said Susan Faulkner, the bank&#8217;s deposit and card product executive, told the New York Times. Gee, what a concept.<\/p>\n<p><a href=\"http:\/\/www.nytimes.com\/2010\/03\/10\/your-money\/credit-and-debit-cards\/10overdraft.html?sudsredirect=true\">Bank of America to End Overdraft Fees on Debit Purchases<\/a> [NYT] <em>(Thanks to Leigh!)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bank of America announced they will stop charging overdraft fees on debit card purchases. If you don&#8217;t have enough money to buy the item, the transaction will be declined. Reached for comment, JP Morgan Chase had none, and Wells Fargo said they&#8217;re working on something. The move comes ahead of new federal regulations, and goes [&hellip;]<\/p>\n","protected":false},"author":5467,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-411585","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/411585","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/5467"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=411585"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/411585\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=411585"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=411585"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=411585"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}