Banks say transaction reordering is not simply a new way to squeeze profits from unsuspecting customers. They claim that by processing the largest transactions first, they're actually doing us a solid.
If you've got a recent high school graduate who's getting ready to head off to college or join the workforce, let me share a few lessons I learned the hard way about managing personal finances that you can pass along to your kids.
Despite their claims, my son's bank does not protect its customers by informing them at the ATM that they are about to overdraw their accounts. So, let me add my voice to Arianna's call to move your money.