
Overhaul for overdraft, credit card fees on the horizon
By Cameron Montemayor The $35 fee that many customers pay up to banks when their account dips below zero could see a sizable overhaul in the near future, one of many fees currently in the crosshairs of U.S. regulators. Altogether, banks in the U.S. raked in nearly $8 billion in 2023 from customers’ overdraft fees.
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