Fed Bans Debit Overdraft Fees

The Federal Reserve is prohibiting banks from collecting overdraft fees on purchases paid with a debit card unless customers opt in to programs that guarantee their balance-exceeding transactions go through. What do you think?

"Well, okay. So long as I still get penalized for using my credit cards."

Marc Mercer • Tour Bus Driver

"I usually send them a few bucks when I go over, anyway, just for their trouble."

Kelly Jolicouer • Commercial Construction Estimator

"I guess banks will just have to make money the old-fashioned way: selling bad mortgages and causing a global financial collapse."

Ray Mason • Unemployed

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