NEW YORK -- The cost to overdraw a bank account would drop significantly, to as little as $3, under a proposal announced Wednesday by the White House, the latest effort by the Biden administration to ...

Customers at Ally Bank will no longer be charged a $25 overdraft fee no matter what type of account they hold, the company said Wednesday. In announcing the new policy, Ally said fees for insufficient ...

Several large U.S. banks reported an uptick in overdraft-related income for the first three quarters of 2025. Economic ...

When you use more funds than you have in your checking, savings, or money market bank account, you can end up with a negative balance. That can lead to your bank declining future transactions. If you ...

Wrongful dishonor occurs when a bank doesn't honor a valid check or draft. Understand this banking term with clear ...

Dan was a writer on CNET's How-To and Thought Leadership teams. His byline has appeared in The New York Times, Newsweek, NBC News, Architectural Digest and elsewhere. He is a crossword junkie and is ...

Citi announced that it will be ditching overdraft fees later this year, making it the biggest bank to get rid of these charges. The bank exclusively told CNN on Feb. 24. it plans to get rid of ...

Money expert Martin Lewis has issued a warning to anyone with an overdraft facility on their bank account.

In her piece, Gensler explores a few crafty banking practices I didn’t realize existed. She shows just how easy it is for online banking customers to get whipsawed by overdraft fees. I naively thought ...