Re:Before buying a NYT subscription, here's what it'll take ...
by technothrasher on Thursday February 18, 2021 @06:52AM
(#26178777)
The big US banks each make over $1.5B in overdraft fees yearly. Fees on consumer accounts make up about 3-4% of the big banks annual income. Not as much as they make on consumer interest payments, but those are still some pretty big peanuts. I think they'd feel it if they scrapped fees.
https://money.cnn.com/2017/02/22/investing/atm-overdraft-fee...
https://www.depositaccounts.com/blog/banks-income-fees.html