Bank Overdrafts Are Too Frequent and Too Expensive, Report Concludes Expensive overdraft protection fees have become a “frequent and harmful” practice throughout the banking industry ...

Overdraft services for debit card and ATM transactions can rack up huge fees on small purchases, according to a study out this week from the federal Consumer Financial Protection Bureau. The ...

There's no clear consensus regarding how much we should keep in checking. Keep reading so you can decide for yourself.

If you regularly top off your checking account at $1,000, you probably won't incur overdrafts. Change banks Now some good news: Overdraft fees aren’t nearly as brutal today as they were five or ...

"Using BNPL for consumables like groceries is a red flag; it suggests a household might not be appropriately managing cash ...

The best way to guard against overdrafts, Moses says, is to be aware of what is in your account at all times. "With online and mobile banking tools available, it is easier than ever to keep track ...

Overdrafts Undermine Checking . By Paul Davis October 29, 2009, 7:29 p.m. EDT 4 Min Read. Facebook; Twitter; LinkedIn; Email; Bankers and regulators are about to reinvent "free" checking.

Other steps that banks are taking to ease the burden of overdraft fees include giving customers a “grace period” of one day to cover a deficit before charging a fee; waiving fees on small ...

The increased focus and discussion about nonsufficient-funds fees in recent times have given me a feeling of déjà vu all over again. Working primarily within the in-store banking channel for large ...