The rule is one of several efforts to attack the estimated $90 billion collected annually in "junk" fees, or hidden charges that have no relation to the costs incurred. If your bank account regularly ...

After several years of steady declines, overdraft charges at the country's largest banks are climbing again, pulling billions ...

(NewsNation) — A new rule from the Biden administration would cap overdraft fees at $5, lower than the average of $26 in 2023. The new rule was released Thursday by federal regulators and is part of ...

If today's announcement by the Consumer Financial Protection Bureau (CFPB) is the final skirmish in the Biden administration's war on so-called "junk fees," then it is a fitting end to a misguided and ...

Banking customers could save up to $5 billion per year on overdraft fees under a new rule finalized Thursday by the Consumer Financial Protection Bureau. Rohit Chopra, the director of the government ...

Good news you can actually use: many big banks cut or eliminated overdraft fees, and federal pressure has pushed the total cost of overdraft way down from a few years ago. You don’t get those savings ...

Overdraft fees can be an expensive and frustrating surprise, especially if you’re not aware of your bank’s policies. If you have a Chase checking account, understanding how Chase overdraft fees work ...

There may be nothing quite like the sting of being fined for not having enough money. Both checking accounts and savings accounts can sneak in and charge overdraft fees when you least expect them, so ...

Many Americans celebrated last year when government officials announced a restriction on $35 bank overdraft fees for checking accounts. But with the change in leadership in D.C., it’s now unclear ...

The new rule gives banks three options for overdraft fees, the simplest being to charge $5 per overdraft. The main trade group for U.S. banks opposes the rule, saying it will lead to fewer banks ...