TD Bank Removes Overdraft Fees On Under $50; Gives 24 Hours To Avoid Fee On Larger Overdrafts

TD Bank is overhauling their overdraft fees with the following two changes:

• No overdraft fee when the account is overdrawn less than $50
• Even on overdrafts above $50, they’ll give 24 hours for the customer to bring their balance in line before charging a fee

Nice to see these positive changes.

Hat tip to CBC

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