overdraft protection

The Most Costly Mistake You Can Make With Your Bank Account

There's nothing more expensive than spending money you don't have. That, of course, is a lesson you might learn the hard way if you carry a balance on a high-interest credit card. But spending beyond your means can be a pricey proposition even with a debit card.

Overdraft Fees Remain High Despite Fed Rules

A year after the Federal Reserve enacted new rules to rein in abusive bank overdraft practices, fees remain high and some institutions actually have slapped on additional penalties, according to a new survey by the Consumer Federation of America.

Bank Overdraft Fees Still Plague American Consumers

Last year, the government changed the rules on debit card overdrafts, requiring banks to get customers' permission before allowing transactions that would lead to penalty fees. But despite the new rules, overdraft fees continue to be an expensive pain in the neck for millions of Americans.

How to Tell If It's Time to Switch Banks

The consumer advocates at the Center for Responsible Lending have released a checklist of tough questions people should ask their banks to make sure their needs are being met -- and and to ensure they aren't paying unnecessary fees.

New bank laws mean new bank fees

lady handing banker cashNow that the CARD Act as well as legislation requiring banks to give customers a choice about overdraft fees is in place, banks have begun responding...