Banks will roll out new debit card rules next month

Banks will roll out new debit card rules next month


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SALT LAKE CITY -- Beginning in July, you may get an unpleasant surprise if you're using a new debit card and you haven't read the fine print.

New rules aimed at protecting consumers from big overdraft fees go into effect next month. But they also mean if you let your balance drift into the negative, your card will be declined.

"I think there's going to be a lot of anger, because I think people are going to be shocked when their cards are declined. And I think people will realize that they should start reading the information that comes in their cards," says Jane Driggs, with the Utah Better Business Bureau.

Driggs says, overall, she thinks the change will be good, but it will take some getting used to.

E-mail: mgiauque@ksl.com

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