Overdraft protection is a service offered by banks that prevents transactions from being declined if you don't have enough funds.

Notwithstanding a decrease in regulatory focus on overdraft and non-sufficient (“NSF”) fee issues under the Trump ...

In June 2021, Ally Bank announced the elimination of all overdraft fees for every customer. Overdraft fees have long been a pain point for consumers, and it’s time to end them. Overdraft fees have ...

The bank claims it will waive the $35 overdraft fee if the account is brought to a positive balance by 11 p.m. the next ...

So, you’d be out of the money, and the bank gets to keep the fee for an overdraft that was quickly corrected? I dunno, the ...

The CFPB rule would apply to banks with more than $10 billion in deposits. Banking customers could save up to $5 billion per year on overdraft fees under a new rule finalized Thursday by the Consumer ...

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 ...

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 ...

I was charged a sizable overdraft fee, which she insisted on paying since it was her fault she made that mistake, So, she ...

U.S. oversight officials accused Minnesota-based TCF National Bank of tricking thousands of customers into accepting overdraft fees with such aggressiveness that the practice ended up as the name of ...

Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ...