Overdraft fees can quickly add up and become a financial headache if you’re not careful. For Wells Fargo customers, ...

Most banks don't care how small the overdraft is. If your balance goes below $0 and overdraft coverage is on, the fee ...

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 ...

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 ...

WASHINGTON, DC - DECEMBER 15: Consumer Financial Protection Bureau Director Rohit Chopra testifies before the Senate Banking, Housing and Urban Affairs Committee in the Dirksen Senate Office Building ...

A mere four months ago, the Biden administration capped bank overdraft fees at $5. There was just one catch: The cap wouldn’t take effect until October. It now appears the cap will never take hold.

A Consumer Financial Protection Bureau rule to cap overdraft fees was overturned by Congress. Overdraft fees can range from $25 to $35 and disproportionately affect struggling consumers. Some ...

Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. Overdraft fee is a penalty banks impose when a transaction ...

FILE - A customer makes a transaction at a bank of automatic teller machines in the Queens borough of New York on March 24, 2020. (AP Photo/Mary Altaffer, File) Some banks and banking trade groups are ...