Bank overdraft reforms helped wealthier customers far more than struggling households, study finds.

Citibank announced that it is eliminating its overdraft fees, becoming the largest financial institution to make this change. (iStock) Citibank announced its plans to eliminate overdraft fees this ...

Based on data collected by NerdWallet writers, the average overdraft fee is $17. This page includes information about these cards, currently unavailable on NerdWallet. The information has been ...

WASHINGTON — Fourteen of the largest U.S. retail banks posted jumps in the income they generated from overdraft and bounced-check fees during the first nine months of the year, while two big banks ...

Congress is considering a bill that would reduce banks' ability to charge overdraft fees. (iStock) The U.S. House Committee on Financial Services voted to send a bill to the full House of ...

The Consumer Financial Protection Bureau announced a new rule proposal that would limit overdraft fees banks charge on consumers. The rules would apply to most large banks and lenders — those holding ...

Bank customers are fighting back against overdraft fees. According to a new study by Pew Charitable Trusts, more than 60 percent of consumers have taken action after being charged an overdraft fee in ...

More financial institutions are dropping overdraft fees. They're usually about $35 after running a card with no balance. Alliant Credit Union will no longer charge customers for this type of ...

Overdraft news: In spring 2025, both the Senate and the House voted to overturn a rule that would have limited overdraft fees to $5. The resolution — which killed the rule — was also signed by ...

Debate over overdraft fees has been simmering for months, but at last the momentum seems to be shifting toward customers, prompting liberals to pump their fists in celebration. Sen. Chris Dodd is ...