For months, Congress has had its eyes on reining in the overdraft fees tacked on by many banks when consumers -- often unbeknownest to them -- exceed their
“„Bank of America said it would allow current customers to turn off the ability to spend when their account hits zero, starting Oct. 19. Next June, the bank plans to limit the number of times each year that current customers can overdraw their accounts when using a debit card at a store. It will let new customers choose whether they want overdraft protection when they are opening their account.