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The free checking account that cost me $127 in overdraft fees
I switched my direct deposit from my credit union to a big brand bank for a $200 bonus and 0.2% more interest. Then I realized their clearing order processes the largest charge first, so my $4 coffee triggered three $35 fees in one afternoon. Why do banks brag about free checking but hide the way they sequence transactions?
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holly89828d ago
Banks call it free, call it legalized pickpocketing instead.
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