The Biden administration is proposing a new rule that could limit bank overdraft fees to as little as $3. The proposed regulation unveiled by the Consumer Financial Protection Bureau in tandem with ...

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.

Are you still paying overdraft fees? Bank of America BAC said this month that it plans to end its $35 “non-sufficient funds” fees next month, and will reduce overdraft fees to $10 from $35, starting ...

The Consumer Financial Protection Bureau (CFPB) said it has closed a loophole on overdraft fees — limiting banks’ ability to charge them and potentially saving households hundreds of dollars. The ...

Are you thinking of signing up for "courtesy" overdraft protection linked to your debit card? Hold off, until you've read this column. Those fees are protection, all right -- a protection racket. A ...

Seen bizarre activity on your statement from your own bank? That might be the sneaky, new bank junk fees that are really angering customers.

If you are like most people, you have probably experienced overspending the amount of money in your checking account by writing a check for more than the amount that is in there. That is typically ...

Citigroup is saying goodbye to overdraft fees, making it the biggest US bank to pledge to eliminate the controversial charges. By this summer, Citi plans to get rid of overdraft fees, non-sufficient ...