Banks have been forced to offer interest-free overdrafts of at least £500 to existing borrowers throughout the crisis, although some, such as Barclays, have gone above this giving borrowers £750 ...

Borrowing money on an unarranged overdraft from your bank can be more expensive than taking out a payday loan, according to Which?

Overdrafts and freebies: welcome to student banking Think carefully before choosing a lender to see you through the next few years at university. Chiara Cavaglieri offers some timely advice ...

Overdrafts occur when people don't have enough money in their checking account to cover a transaction, but the bank or credit union pays the amount anyway. Banks usually charge a high fee for this ...

Overdraft protection, which the best banks for overdrafts offer, is one way to avoid that embarrassment and reduce the costs incurred in such circumstances. What is overdraft protection?

Others generally allow overdrafts but also offer special accounts that don’t offer the service, for customers who prefer to avoid the potential for fees.

Bank overdraft fees, pricey penalties charged to customers who overdraw their accounts, face a $5 cap under new rules released by federal regulators. The cap on bank overdrafts continues a ...

A United Kingdom-based study led by Associate Professor of Economics Michael D. Grubb found that automatically enrolling bank customers in a text message alert program significantly reduced overdrafts ...

Choosing between personal loans and an overdraft facility can be challenging. Ultimately, the optimal decision hinges on your unique needs and financial circumstances.

The value of overdrafts used by small and medium sized enterprises (SMEs) have grown 18% from £8.3bn in May 2021 to £9.8bn in May 2022* as financial stress in small businesses rises says UHY ...

In 2022, Americans paid over $8 billion in fees as a result of bank overdrafts and insufficient funds (NSF). Some of this total includes “junk fees,” through which banks prey on unaware ...

Overdrafts can happen. Here's how to get your money back if you're charged for one – and to avoid these fees going forward.