The Biden Administration is ‘cracking down’ on banks by imposing a $5 cap on overdraft fees, says Americans could save billions in ‘excessive junk fees.’ Will Trum…
Overdraft transaction charges could drop to a maximum of $5 from the current ceiling of $35 as of Oct. 1, 2025, if the ...
New California law limits overdraft fees at banks supervised by the state
“If you get hit with a fee for overdrawing your account of $30 or more, that’s a big impact, particularly for people who ...
JD Supra6d
Regulatory Update: Final Rule on Courtesy Overdraft Services
We previously posted an article about a proposed rule that could drastically affect the courtesy overdraft services offered ...
Hosted on MSN14hOpinion
‘Government Overreach’: Liz Warren’s Favorite Agency Just Granted Itself New Powers To Regulate Checking Accounts
The lame duck Biden administration’s Consumer Financial Protection Bureau (CFPB) issued a rule in December to curb overdraft ...
Crooks and Liars6d
If They Get Their Way, CFPB To Drop Bank Overdraft Fees To $5
The limit on fees that banks and credit unions impose on clients whose account balances are insufficient to cover transactions would save U.S. consumers $5 billion every year, the federal agency said ...
Major bank brings back £175 free cash offer to ring in New Year – see if you’re eligible for the cash boost
A MAJOR bank has brought back its £175 free cash offer to celebrate the New Year. Customers who make the switch to First Direct’s current account will be entitled to the money, although ...
Rochdale Online18h
Ask Citizens Advice: How can I keep track of my spending better this year?
Citizens Advice Rochdale is a local charity that provides free, independent, impartial, confidential advice to ...
8 Smart Banking Resolutions You Should Keep
Here are eight smart banking resolutions that can help protect and grow your money during the remainder of 2025 and beyond.
JD Supra6d
CFPB Finalizes Rule Preventing Overdraft Fee Loophole for Large Banks
In December 2024, the Consumer Financial Protection Bureau (CFPB) finalized a rule that closes a loophole exempting overdraft loans ...
Which5d
Best bank accounts for an overdraft 2025
An overdraft allows you to spend more than you have in your current account. It's essentially a loan from your bank and you'll be charged interest. Here we reveal the current accounts with the ...
Paying off festive debts - the dos and don'ts
Here, we reveal 5 dos and 4 don’ts to help you manage and reduce your festive debts. Jot down all the credit card, store ...
CNBC4d
Banks are in a race to end overdraft fees — these 7 checking accounts won't charge you
In early 2022, Capital One became the first large bank to eliminate all overdraft fees and non-sufficient fund fees, in a move that may protect itself from any forthcoming scrutiny from the ...