In other words, banks lost some fee revenue but gained interest income. They also reduced expenses, automated operations, and ...

Restrictions on over-the-limit and unauthorised overdraft fees charged by Bermuda’s banks are set to take full effect next ...

Banks that continue charging daily overdraft fees argue that the structure encourages customers to restore their accounts to a positive balance quickly. They position the fee as a nudge, a financial ...

Key insight: Certain large U.S. banks reported an uptick in overdraft-related revenue during the first three quarters of 2025. What's at stake: Though the increases coincide with the Trump ...

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, while ...

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 ...

If you think your free checking account is actually free, think again. Across the U.S., big banks are quietly rolling out a wave of new and harsher fees — not just one but multiple ways to squeeze ...

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 ...

Were you part of the 11% of Americans who paid an overdraft fee in 2024? Even if your answer is "no," it's worth switching to a bank without them. Big banks make billions of dollars on pesky fees, ...

Overdraft protection has become Washington’s latest punching bag. Sens. Elizabeth Warren (D-Mass.), Bernie Sanders (I-Vt.), and Richard Blumenthal (D-Conn.) are again criticizing banks, credit unions ...