Chase Bank Cutting Overdraft Fees

JPMorgan Chase, the parent company of Chase Bank, just announced it will be eliminating some overdraft fees altogether and trimming other fees.  Chase Bank will stop charging fees when accounts are overdrawn by less than $5. Chase’s overdraft fees are $25 for the first fee each year, $32 for the next four and $35 after that.  Chase will also cap the number of overdraft fees it charges a day to three.