yes fusre i read this new law will take effect in the beginning of 2012 though some banks have already started charging those kinda fees..though the charge is only for purchases and not for using ATM's either way banks come up with new ideas of ripping people ever since Obama inacted the $35 overdraft protection law for consumers..i got caught in that trap couple of times before...but i'm glad the overdraft protection law will save a lot of money cos i know that overdraft law cost banks millions of revenue so they invent new trickery to rip people off..f*kn jerks