Overdraft Fees news and trends

CFPB’s Overdraft Rule Set to Be Repealed After House Vote
CFPB // April 09, 2025

The Consumer Financial Protection Bureau’s (CFPB) final rule capping overdraft fees is set to be repealed after the House of Representatives voted Wednesday (April 9) to disapprove it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Resolution to Repeal Overdraft Fee Rule Passes Senate, Awaits House Vote
Regulation // March 27, 2025

The U.S. Senate voted Thursday (March 27) to repeal the Consumer Financial Protection Bureau’s final rule capping overdraft fees. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Congressional Actions Against CFPB Overdraft, Digital Payments Rules May Spur Financial Services Innovation
Bank Regulation // March 06, 2025

Wednesday’s (March 5) actions in Congress against two Consumer Financial Protection Bureau (CFPB) rules — one governing digital payments providers, the other focused on bank overdraft fees — open up a new front against the embattled agency. Get the Full Story Complete the form to...

CFPB’s Payment App and Overdraft Rules Face Challenges in Congress
CFPB // March 05, 2025

Two rules announced by the Consumer Financial Protection Bureau (CFPB) during the Biden administration suffered setbacks in Congress on Wednesday (March 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Interviews & Exclusives
CFPB Rule on Late Fees May Hamper Banks’ Ability to Innovate

March 05, 2024
Call it a form of fixed pricing in the banking industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS […]

CFPB Says Overdraft Fees Are Junk Fees — But Are They?

January 17, 2024
Labels are popular on Capitol Hill. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Smaller Banks Warn of ‘Significant Impact’ From CFPB’s Proposed Overdraft Fee Regulation

January 04, 2024
The calendar has barely turned to a new year — and the Consumer Financial Protection Bureau (CFPB) has already had a fair share of criticism. Get the Full Story Complete...

New Report Finds the Average Consumer Is Overdrawn for 9 Days

October 12, 2023
Present economic and financial challenges have compelled individuals from various income brackets and credit backgrounds to resort to overdrafts — a form of credit whereby a consumer’s bank covers a...

Quick Reads
CFPB’s Overdraft Rule Set to Be Repealed After House Vote

April 09, 2025
The Consumer Financial Protection Bureau’s (CFPB) final rule capping overdraft fees is set to be repealed after the House of Representatives voted Wednesday (April 9) to disapprove it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to […]

Resolution to Repeal Overdraft Fee Rule Passes Senate, Awaits House Vote

March 27, 2025
The U.S. Senate voted Thursday (March 27) to repeal the Consumer Financial Protection Bureau’s final rule capping overdraft fees. Get the Full Story Complete the form to unlock this article...

CFPB’s Payment App and Overdraft Rules Face Challenges in Congress

March 05, 2025
Two rules announced by the Consumer Financial Protection Bureau (CFPB) during the Biden administration suffered setbacks in Congress on Wednesday (March 5). Get the Full Story Complete the form to...

Proposed Congressional Resolutions Aim to Overturn CFPB’s Overdraft Rule

February 13, 2025
Congressional Review Act (CRA) resolutions introduced Thursday (Feb. 13) in the U.S. House and Senate would overturn the Consumer Financial Protection Bureau’s (CFPB) final rule capping overdraft fees. Get the...