The new rule gives banks three options for overdraft fees, the simplest being to charge $5 per overdraft. The main trade group for U.S. banks opposes the rule, saying it will lead to fewer banks ...

If you spend more money than you have in your checking account, your balance will go negative, and your bank will charge you an overdraft fee. Overdraft protection is a feature offered by many banks ...

Text Callout : Key Takeaways - The Ins and Outs of Overdraft Protection When you open a new checking account, you'll have the option to sign up for overdraft protection. Bank representatives often ...

Overdraft protection sounds like a great idea— on the surface. If you’re shopping with your debit card and you don’t have the funds to cover the purchase, your bank will cover it for you. While this ...

Some banks do not have proof that their customers have "opted-in" to overdraft services, and the Consumer Financial Protection Bureau is reminding financial institutions to maintain records of ...

Overdraft protection helps you avoid having transactions declined, even if your balance is low. Different banks offer various types of fee-based overdraft protection. Using overdraft protection ...