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 ...
RIVERWOODS, Ill.--(BUSINESS WIRE)-- Today Discover announced Balance+, an innovation for its Cashback Debit Checking account, providing customers with fee-free discretionary overdraft coverage ...
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 ...
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.
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 ...
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 ...
The overwhelming majority of bank customers don’t want overdraft protection. According to one survey, 80% of debit card holders say they’d rather skip on the arrangement, in which banks allow ...
Holy moly! Thanks to restrictions put into place in 2009 and 2010 that limit how and when fees can be assessed on debit and credit card accounts, banks are expecting to collect $5 billion less in fees ...
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