Overdraft fees can quickly add up and become a financial headache if you’re not careful. For Wells Fargo customers, understanding the bank’s overdraft fees, protection services and limits is essential ...

Some banks do not have proof that their customers have "opted-in" to overdraft services, and the Consumer Financial Protection Bureau is reminding financial institutions to maintain records of ...

On July 19, the U.S. District Court for the District of Delaware issued a decision that should draw the attention for banks that charge overdraft fees for overdraft protection. In Miller v. Del-One ...

The Overdraft Protection Act, sponsored by Rep. Carolyn Maloney, D-N.Y., would cap the number of times such fees could be charged and require customers to opt in to overdraft programs. WASHINGTON — A ...

(InvestigateTV) — When an account is overdrawn, consumers pay a high price. In 2024, the Consumer Financial Protection Bureau (CFPB) finalized a rule that would have required large banks and credit ...

Overdraft protection helps you avoid having transactions declined, even if your balance is low. Different banks offer various types of fee-based overdraft protection. Using overdraft protection ...

Overdraft protection sounds like a great idea— on the surface. If you’re shopping with your debit card and you don’t have the funds to cover the purchase, your bank will cover it for you. While this ...

Bank of America, the nation's second-largest bank, says it's drastically reducing overdraft fees. Capital One is going a step further and getting rid of the fees altogether. The moves come as federal ...