Overdraft transaction charges could drop to a maximum of $5 from the current ceiling of $35 as of Oct. 1, 2025, if the ...

Banking customers could save up to $5 billion per year on overdraft fees under a new rule finalized Thursday by the Consumer ...

The Consumer Financial Protection Bureau's last-minute actions are expected to annoy the incoming Trump administration, which ...

In early 2022, Capital One became the first large bank to eliminate all overdraft fees and non-sufficient fund fees, in a move that may protect itself from any forthcoming scrutiny from the ...

The lame duck Biden administration’s Consumer Financial Protection Bureau (CFPB) issued a rule in December to curb overdraft ...

The limit on fees that banks and credit unions impose on clients whose account balances are insufficient to cover transactions would save U.S. consumers $5 billion every year, the federal agency said ...

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 ...

Vivek Ramaswamy, a DOGE leader with Elon Musk, argued the Consumer Financial Protection Bureau is "un-American" after it ...

The rule on overdraft fees is ripe for the GOP Congress to overturn.

In December 2024, the Consumer Financial Protection Bureau (CFPB) finalized a rule that closes a loophole exempting overdraft loans ...

Discover what overdraft protection is, how it works, and whether it’s right for you. Learn the benefits and potential ...

In what could be one of the final salvoes in President Joe Biden's war on what the administration calls "junk fees," the ...