If you spend more money than you have in your checking account, your balance will go negative, and your bank will charge you an overdraft fee. Overdraft protection is a feature offered by many banks ...

Overdraft protection helps you avoid having transactions declined, even if your balance is low. Different banks offer various types of fee-based overdraft protection. Using overdraft protection ...

Big banks and credit unions that dominate the financial landscape would only be able to charge $5 for overdraft fees or face much tighter restrictions under a final rule by regulators. Under the ...

When you use more funds than you have in your checking, savings, or money market bank account, you can end up with a negative balance. That can lead to your bank declining future transactions. If you ...

Overdraft news: In spring 2025, both the Senate and the House voted to overturn a rule that would have limited overdraft fees to $5. The resolution — which killed the rule — was also signed by ...

Congress overturned a cap on bank overdraft fees, many of which exploit the desperate need of working families for short-term credit.

Getting hit with an overdraft fee can be frustrating — but the good news is you may be able to get it refunded. Whether it happened because of a timing issue or budgeting slip, many banks are willing ...