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BANKS »» BANK FEES »» OVERDRAFT FEES »» Mar 29, 2021
Overdrawing bank accounts cost consumers an average of $225 in overdraft fees each year, and more than double that amount for those who chronically overdraw their account. Currently, the average NSF fee is $33.36. These non-sufficient fund fees (NSF) provide banks with at least 60% of all consumer checking account revenue, or about $34 billion each year. Overdraft policies vary from bank to bank. Some banks limit customer
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