The 2008 GAO report found that the average overdraft fee has risen by about 11% (after inflation adjustments) from 2000 to 2007.

FORBES: Magazine Article

While it appears that banks are dropping the overdraft fee like a hot potato, a major fight over overdraft charges already paid by consumers is just getting started.

FORBES: Banks Suffer Defeat In Multi-Million-Dollar Overdraft Litigation

Recently, a new reader who discovered Consumerism Commentary due to my multi-year coverage of Bank of America (primarily the articles pertaining to the overdraft fee class-action lawsuit), wanted to share a cautionary tale about the same bank.

FORBES: Credit Life Insurance: You Don't Need It

Banks are marketing either a program where overdraft transactions are covered for a fee or one that allows you to link a checking account to a savings account, line of credit or credit card so if you overdraw funds are transferred in as needed, says Greg McBride, a senior financial analyst at Bankrate.com.

WSJ: Say No to Overdraft Pitches