Standing Up to Powerful Interests
Rein In Overdraft Fees: Pass the Overdraft Protection Act
Let your representative know you support action on overdraft fees now.
Subject: Rein In Overdraft Fees: Pass the Overdraft Protection Act
Your Letter:
Big banks have made it common practice to charge about $35 for overdraft fees, sometimes three to six times a day, adding up to more than $200 in just one day. Financial institutions continue to rake in tens of billions of dollars a year from these overly punitive fees, which mostly penalize customers with the least money to lose. I urge you to cosponsor and advance the Overdraft Protection Act, which would limit financial institutions to charging a maximum of one overdraft fee per month and six per year. Sincerely,
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