Editor's Note: This article has been updated utilizing more recent information on overdraft fees. America's banking system ...

A forgotten bill can hit your account and trigger overdraft fees fast. Rachel DePompa shares a simple phone alert that can help you catch it in time and avoid scams.

Tens of millions of Americans who overdraft on their bank accounts each year may soon enjoy major relief. The government agency in charge of protecting consumers' finances introduced a new rule to ...

A major US bank has agreed to pay hundreds of millions of dollars to settle allegations that customers were charged illegal overdraft fees for years.

(InvestigateTV) — When an account is overdrawn, consumers pay a high price. In 2024, the Consumer Financial Protection Bureau (CFPB) finalized a rule that would have required large banks and credit ...

The Consumer Financial Protection Bureau announced a new rule proposal that would limit overdraft fees banks charge on consumers. The rules would apply to most large banks and lenders — those holding ...

Democrats are once again taking aim at dreaded bank overdraft fees. New York Congresswoman Carolyn Maloney reintroduced legislation on Wednesday that would crack down on overdraft fees, making it ...

An overdraft fee is often one of the most expensive fees from a financial institution, but not all charge the same amount. And some don’t even have an overdraft fee. Some banks also offer small buffer ...