The cap, approved last year, never took effect, though some banks voluntarily lowered or eliminated their fees. Here are some ...

The Consumer Financial Protection Bureau in the last few years has aggressively tried to limit what it called excessive fees.

The next time you withdraw more money than is in your checking account, it could cost you about $35, or $5: it's all up to ...

Overdraft fees are penalties a bank can charge if you overdraw on your account. The CFPB put the $5 cap in place in December, ...

A Biden-era rule that capped most bank overdraft fees at $5 is on the verge of being scrapped after the U.S. House of ...

In a major win for the banking industry, Congress has overturned a Consumer Financial Protection (CFPB) rule that would have ...

A mere four months ago, the Biden administration capped bank overdraft fees at $5. There was just one catch: The cap wouldn’t ...

Congress has overturned a rule meant to protect consumers from excessive overdraft fees, and the change in law is awaiting ...

For customers living paycheck-to-paycheck, overdraft protection provides an important lifeline to ensure critical expenses ...

Congress has voted to overturn federal limits on overdraft fees, drawing praise from banks but fierce criticism from consumer ...

Congress has overturned a rule meant to protect consumers from excessive overdraft fees, and the change in law is awaiting the President’s signature.

Banks are making billions of dollars annually from overdraft fees, with Chase alone earning $1 billion last year.Wells Fargo ...