Customers at Ally Bank will no longer be charged a $25 overdraft fee no matter what type of account they hold, the company said Wednesday. In announcing the new policy, Ally said fees for insufficient ...

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 ...

When you use more funds than you have in your checking, savings, or money market bank account, you can end up with a negative balance. That can lead to your bank declining future transactions. If you ...

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

Citigroup is saying goodbye to overdraft fees, making it the biggest US bank to pledge to eliminate the controversial charges. By this summer, Citi plans to get rid of overdraft fees, non-sufficient ...

In her piece, Gensler explores a few crafty banking practices I didn’t realize existed. She shows just how easy it is for online banking customers to get whipsawed by overdraft fees. I naively thought ...