Big banks in the U.S. have found a clever way to respond to the hullabaloo over the new debit-card fees some of them proposed and then had to walk back: charge new fees, but call them something else.
Bouncing checks is a big business. How big? Courtesy Pew Charitable Trust's update on hidden risks of having a checking account, Americans spent $29.5 billion in overdraft fees alone in 2011.
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