What Is Overdraft Protection & How Does It Work?
Discover what overdraft protection is, how it works, and whether it’s right for you. Learn the benefits and potential ...
The White House is cracking down on overdraft fees
The Biden administration finalized a rule limiting overdraft fees banks can charge to reduce junk fees that hit consumers.
Overdraft Fees Could Be Capped At $5 Under New Rule
In what could be one of the final salvoes in President Joe Biden's war on what the administration calls "junk fees," the ...
Overdraft fees could be capped at $5 under new federal rule
Banking customers could save up to $5 billion per year on overdraft fees under a new rule finalized Thursday by the Consumer ...
DOGE doubles down on eliminating the government agency that's cracking down on overdraft fees
Vivek Ramaswamy, a DOGE leader with Elon Musk, argued the Consumer Financial Protection Bureau is "un-American" after it ...
The Biden Administration is ‘cracking down’ on banks by imposing a $5 cap on overdraft fees, says Americans could save billions in ‘excessive junk fees.’ Will Trum…
Overdraft transaction charges could drop to a maximum of $5 from the current ceiling of $35 as of Oct. 1, 2025, if the ...
American Banker17d
Five trends to keep in mind as overdraft-fee battles heat up
While the Consumer Financial Protection Bureau seeks to cap overdraft fees, banks and credit unions are fighting the effort.
The CFPB vs. Checking Accounts
The rule on overdraft fees is ripe for the GOP Congress to overturn.
New California law limits overdraft fees at banks supervised by the state
“If you get hit with a fee for overdrawing your account of $30 or more, that’s a big impact, particularly for people who ...
USA Today24d
Tired of overdraft fees? A new Biden administration rule would cap them.
Bank overdraft fees, pricey penalties charged to customers who overdraw their accounts, face a $5 cap under new rules released by federal regulators. The cap on bank overdrafts continues a campa ...
American Banker17d
Banks seek injunction to stop CFPB's $5 overdraft rule
Bank trade groups filed a motion for a preliminary injunction to stop the Consumer Financial Protection Bureau's $5 overdraft ...