Demand to lower the limit on Bank Overdraft Fees

It's time to reign in banks on their excessive overdraft fees.

Overdraft Fees amount to a "poor tax". I've heard countless stories of people who overdraft by $5 and then found themselves saddled with over $100 in extra fees. It's greedy, it's wrong, and it should be illegal. This needs to stop.

A $5 overdraft that results in a $35 fee would amount to 700% interest!

I propose the cap should be $35 or the amount of the transaction, whichever is LESS.

For example: if you overdraft by $7.12, the fee cannot exceed $7.12. If you overdraft by $250, then the fee cannot exceed $35.

Please sign and show your support. We need our legislators to act and reign in this practice.

Update #12 months ago
Do you know anyone who is sick of being charged ridiculous overdraft fees? Please share this petition with as many people as you can to get the ball moving towards our goal of 15,000 signatures!
Sign Petition
Sign Petition
You have JavaScript disabled. Without it, our site might not function properly.

See our privacy policy.

By signing, you accept Care2's terms of service and agree to receive communications about our campaigns through email and other methods. You can unsub at any time here.

Having problems signing this? Let us know.