Good News for Bank of America Customers

I read this on boston.com and thought I would share it with you guys. As they say on headline news, we could all use some good news in a bad economy. Basically, bank of america will no longer charge an overdraft fee if you go over your account by under $10 (as long as you correct it withing 5 days). You can read the full story here.

That's right folks, no more $35 for withdrawing a penny more than you had in your account. Additionally, they are limiting the number of times they will charge for overdraft in one day to four (currently it's 10, bloody thieves).

While I'm clearly not advising anyone to spend money they don't have in their account, I'm sure some of you have experienced those darn fees that can occur when a charge you were not expecting came through and took you over.

Something to smile about I guess.