Even if you accidentally overdraw your bank account by a single dollar, you are charged an overdraft fee by your bank. When you are overdrawn, you are charged a fee for being overdrawn. Banks make money by holding our money hostage. If you have $10 in your account, then that is the banks money until you decide its time to spend it. If you miscalculate sales tax, and try to spend $11, the bank will often choose to let the purchase go through so they may charge you 3,700% interest on your $00.95 spending spree. If you pay two overdraft fees per month because your paychecks are just not enough to cover extra bank fees, then you need to sign and share this petition. With an extra $70 per month, you could spend this money locally and improve your local economy. Help stop unfair bank fees!
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