A $1 overdraft can trigger fees, negative balances, and account flags that cost far more than a dollar.

The Senate voted on Thursday in favor of a resolution that cancels a Biden-era ruling that limits a banks' ability to penalize customers with overdraft fees. The full Senate voted 52-48 to pass the ...

Congress is considering a bill that would reduce banks' ability to charge overdraft fees. (iStock) The U.S. House Committee on Financial Services voted to send a bill to the full House of ...

Banks have a way of quietly draining your account through fees, including monthly maintenance charges, overdraft penalties, ...

A Biden-era federal rule that would have capped bank overdraft fees at $5 and was expected to save Americans billions annually was struck down Wednesday by the GOP-controlled House of Representatives ...

An overdraft occurs when you write a check or initiate a debit card purchase, and your account doesn’t have enough money to cover the transaction. The bank will cover the difference to process the ...

Learn how an Automatic Transfer Service (ATS) ensures overdraft protection by transferring funds between your accounts, ...

Several large U.S. banks reported an uptick in overdraft-related income for the first three quarters of 2025. Economic pressure on consumers may be to blame, some banks and industry observers say.

Joel is a full-time Personal Finance Writer at Motley Fool Money, where he brings a clear, approachable voice to topics ranging from credit cards to side hustles. He’s been writing about money since ...

Stop wasting money on hidden bank fees in 2026. Learn about five of the most common bank charges, as well as some smart ways ...