What does this mean? Are we a better bank now? Are we going to really cae about customers now? Why all of this now?
https://www.cnn.com/2022/01/11/investing/bank-of-america-ovedraft-fees/index.html
4 replies (most recent on top)
They are to remain competitive. Most banks advertise no fees. Just eliminate the possibility of overdraft entirely. Person makes a purchase that would put below $0, don’t approve the transaction. What kind of person overdrafts their account anyway?
Simple business economics folks. Think about it.
because when they start laying us off they will still look good to the consumer.
It's because of the unvaccinated.