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 ...

Seen bizarre activity on your statement from your own bank? That might be the sneaky, new bank junk fees that are really angering customers.

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 ...

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 ...

Ally Bank announced Wednesday that it is eliminating overdraft fees — a key source of revenue for banks but a burdensome charge for customers. “Overdraft fees are a pain point for many consumers but ...

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 ...

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 ...

Citigroup is saying goodbye to overdraft fees, making it the biggest US bank to pledge to eliminate the controversial charges. By this summer, Citi plans to get rid of overdraft fees, non-sufficient ...

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 ...