Biz: J. P. Morgan Chase and Bank of America stop leaning on overdrafts
- good Bank of America and Chase will limit the number of times you can get nicked by overdraft fees in a day.
- better If you go under your limit by less than $5 (Chase) or $10 (Bank of America), you won’t get overdraft fees.
- best Best of all for Chase customers, they will no longer charge overdrafts in order of cost, highest value first. source