BankingRegulation

Bank of America learned pretty quickly last month that customers think $5 a month is too much to pay to use a debit card. But is there such a thing as a reasonable bank fee? One in three people say they're prepared to walk away from their financial institution to avoid a fee, a new survey reveals.

Beginning July 1 for new bank accounts and August 15 for existing ones, banks will now have to offer you the option of enrolling in overdraft protection programs. In other words, they'll have to ask for your permission before they slap you with a $30 fee if you overdraw on your debit card for a $4...