this post was submitted on 18 Jul 2023
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Pretty sure it is now legally required for banks to let you opt out of overdraft protection, in fact I think it's all opt in. Because of bullshit scams like this.
My bank seems to have stopped charging overdraft fees altogether a couple years ago and they haven't done it since. Might be more related to all those class action checks I've gotten in the mail than as a "courtesy to their customers" though. Who can say?
They can still charge them, but in theory only once. Not over and over for each transaction over.