A $1 overdraft can trigger fees, negative balances, and account flags that cost far more than a dollar.

Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures that our product ratings are not influenced by compensation. In ...

Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. Overdraft fee is a penalty banks impose when a transaction ...

The cap, approved last year, never took effect, though some banks voluntarily lowered or eliminated their fees. Here are some tips on how to avoid or reduce your costs. By Ann Carrns A $5 cap on fees ...

Several large U.S. banks reported an uptick in overdraft-related income for the first three quarters of 2025. Economic pressure on consumers may be to blame, some banks and industry observers say.

WASHINGTON, Dec 16 (Reuters) - 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, ...

A Consumer Financial Protection Bureau rule to cap overdraft fees was overturned by Congress. Overdraft fees can range from $25 to $35 and disproportionately affect struggling consumers. Some ...

— -- Controversial bank account fees, which have fattened banks' bottom lines at the expense of vulnerable consumers, are rapidly becoming a black eye for the industry. Under siege are the fees ...

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 ...