NEW YORK -- The cost to overdraw a bank account would drop significantly, to as little as $3, under a proposal announced Wednesday by the White House, the latest effort by the Biden administration to ...

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 ...

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

Citi announced that it will be ditching overdraft fees later this year, making it the biggest bank to get rid of these charges. The bank exclusively told CNN on Feb. 24. it plans to get rid of ...

Bank of America is cutting its overdraft fees for customers by more than half, the bank announced Tuesday morning, and making other changes that will shrink the bank’s overdraft revenue to a fraction ...

Capital One is eliminating all overdraft fees for retail banking customers, according to a memo distributed to employees on Wednesday. It’s the largest U.S. bank yet to end the industry practice of ...

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Bank on Thursday announced the launch of Regions Now Checking SM, a checking account that combines the convenience of modern banking with no overdraft fees.

A new study reported that $35 overdraft fees are heavy financial burden for some — -- While occasional overdraft fees may be just an annoyance for some, they can cause the most financially ...

Emily Stewart covered business and economics for Vox and wrote the newsletter The Big Squeeze, examining the ways ordinary people are being squeezed under capitalism. Before joining Vox, she worked ...

The banking industry’s $11 billion overdraft-fee gravy train could get derailed if Joe Biden wins the White House. “Overdraft fees are one of the biggest risks to the banking industry under a Biden ...