People hate overdraft fees. Capital One is ditching them and other banks may follow
One of the nation's biggest banks says it will stop charging overdraft fees to all of its customers. These hefty fees hit people with low incomes the hardest. More banks could follow suit.
People get hit with overdraft fees when they overspend the balance in their checking account and the bank fronts the money for a few days.
The hefty fees can seem unfair: Youmight buy a $2 cup of coffee and get hit with a $35 fee. And if you don't realize your account is empty and make a series of small purchases, you can quickly
