Consumers may be well acquainted with the concept of overdraft protection when writing checks, but early Monday Discover Financial Services said it is extending the service to its debit cards.
New checking account fees. New fees for getting paper statements. And additional fee- based services. However, under the new rules, banks must fully disclose the new fees. So, before you toss or ...
WASHINGTON – The fees that banks charge debit-card users who overdraw their accounts usually cost more than the items being bought. That’s the result of a study that the Consumer Financial Protection ...
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. You've a debit card, if you are like most people. If so, you've gotten your letter within the mail from you bank ...
Flexing newfound muscle as consumer protector, the Federal Reserve on Thursday banned overdraft fees on automated teller machine and debit-card transactions unless consumers have actively opted for an ...
SEATTLE — The Consumer Financial Protection Bureau (CFPB) wants to limit how much financial institutions can charge customers for overdraft protection plans. The CFPB’s proposed rule, published on ...
Overdraft fees can be an expensive and frustrating surprise, especially if you’re not aware of your bank’s policies. If you have a Chase checking account, understanding how Chase overdraft fees work ...
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