Banks make $32 billion in overdraft fees

NewsFix
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HOUSTON, TX – The biggest banking blunder you can make is pulling out more cash than you have in your account.

Let’s face it, banks are making a pretty penny off of us. The average overdraft fee is about $35.00. In 2012 banks made around $32 billion from overdraft fees alone.

On the bright side, some banks are trying to change policies and reduce hidden fees.

The best thing we can do is establish a good relationship with our banks and practice safe banking!

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