The Consumer Financial Protection Bureau is capping the fees at $5 with a rule set to take effect in October 2025, if it isn't overturned by Congress or altered under a Trump administration.

That could be too optimistic. Biden Administration Cracks Down on Bank Overdraft Fees A rule change would take effect in October 2025 if it isn't overturned or altered. Trump Tariff Threat Marks ...

Chopra called overdraft fees a “legal loophole,” saying that if banks want to continue charging overdraft fees — which are ...

The Consumer Financial Protection Bureau has finalized a rule restricting banks' ability to charge overdraft fees, ...

The finalized rule applies to banks and credit unions that have more than $10 billion in assets, which includes the nation’s ...

Some major banks, including Capital One and Citibank, decided to just bite the bullet and act early, throwing out overdraft ...

Agency rule limits overdraft fees to $5 for biggest banks Rule faces potential repeal by GOP Congress, Trump appointees Large ...

The Consumer Financial Protection Bureau's new rule caps overdraft fees at $5, aiming to save consumers billions annually and ...

The Consumer Financial Protection Bureau announced the final version of a rule limiting banks' ability to charge overdraft ...

If today's announcement by the Consumer Financial Protection Bureau (CFPB) is the final skirmish in the Biden ...

The agency set an October 2025 deadline for the new restrictions to take hold, giving enforcement authority to the incoming ...