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 ...

The Consumer Financial Protection Bureau is setting its sights on checking account overdraft fees, proposing a standard "penalty fee box" to convey key consumer information and requesting data from ...

Citigroup is the latest bank to get rid of overdraft fees, making it the largest U.S. bank to eliminate these types of charges. Overdraft fees, non-sufficient funds fees and overdraft protection fees ...

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 ...

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 ...

WASHINGTON, Dec 16 (Reuters) - Fourteen of the largest U.S. retail banks posted jumps in the income ‌they generated from overdraft and bounced-check fees during the first ‌nine months of the year, ...

Capital One said Wednesday that it will get rid of all overdraft and non-sufficient funds fees, the latest bank to do so this year and one of the largest financial institutions to shy away from the ...

Bank of America announced it will reduce the price of overdraft fees. Starting in May, the company said the price of an overdraft fee will go from $35 to $10. The bank also plans to eliminate ...