For years, banks have enjoyed big revenues from charging overdraft fees. Almost 1 in 10 bank customers, often low-income consumers, routinely spends more than they have in their checking account, ...
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 ...
A Bank of America ATM is seen, Wednesday, Feb. 3, 2021, in Winchester, Mass. Bank of America is slashing the amount it charges customers when they spend more than they have in their accounts and plans ...