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 ...

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

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 ...

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

Understanding where these fees come from — and how easy they are to avoid — can help you keep more control over your personal ...

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 ...

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 ...