A mere four months ago, the Biden administration capped bank overdraft fees at $5. There was just one catch: The cap wouldn’t take effect until October. It now appears the cap will never take hold.

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

The three biggest American retail banks collected 25% less overdraft revenue last year as the companies, under pressure from regulators to cap the fees, created new ways for customers to avoid the ...

A Biden-era federal rule that would have capped bank overdraft fees at $5 and was expected to save Americans billions annually was struck down Wednesday by the GOP-controlled House of Representatives ...

A number of fees can easily be waived by linking accounts or taking other steps. Others can often be waived upon request in ...

Checking your bank statement shouldn't feel like a jump scare, but between maintenance costs and ATM charges, those small ...

WASHINGTON - Banks will have to secure their customers' consent before charging large overdraft fees on ATM and debit card transactions, according to a new rule announced Thursday by the Federal ...

Joel is a full-time Personal Finance Writer at Motley Fool Money, where he brings a clear, approachable voice to topics ranging from credit cards to side hustles. He’s been writing about money since ...

Kansas Supreme Court Justice Caleb Stegall, right, authored the high court's unanimous opinion rejecting arguments by Capitol Federal Savings Bank, headquartered in Topeka, that plaintiffs shouldn't ...

Stearns Bank in Minnesota has eliminated overdraft fees as part of a broader strategy to limit the service fees it charges customers. For Stearns Bank CEO Kelly Skalicky, the smart deposit strategy ...