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

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

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 ...

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 ...

The CFPB rule would have affected financial institutions with more than $10 billion in assets. The bureau said in December ...

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 ...

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

The rule, issued during the Biden administration, limited overdraft fees to $8, after determining that amount was the actual ...

Joe Raedle / Getty Images Congress passed a law last week overturning the Consumer Financial Protection Bureau's $5 overdraft fee cap, which would have gone into effect in October. If President ...

Overdraft fees are penalties a bank can charge if you overdraw on your account. The CFPB put the $5 cap in place in December, stating that the rule could save consumers up to $5 billion in annual ...

The House of Representatives voted against a Biden-era regulation putting a ceiling on overdraft fees, sending the resolution ...