overdraft fees

Bank of America is agreeing to pay $410 million to settle a lawsuit about overdraft fees.

Complaints against banks are soaring, suggesting that new laws and regulations put in place since the financial crisis two years ago aren't dampening Americans' anger over overdraft fees and foreclosure practices they view as unfair.

On August 15, new overdraft rules went into effect, preventing banks from imposing overdraft fees on debit and ATM card transactions unless the customer actively opts in to have that feature.

Bank of America just announced it will stop charging overdraft fees of $35 for most of its debit card customers.

You may think that if you pay your bills on time and don't suffer overdraft fees that the changes don’t apply to you.

Well, think again.

NEW YORK - Bank of America customers will soon be unable to spend more than they have in the accounts linked to their debit cards.

As the victims of sudden interest rate hikes, strict enforcement of overdraft fees, due date roulette, reduced credit limits and universal default, bank customers are mad as hell and they aren't gonna take it anymore.

In anticipation of credit card reform, here's how they striking back.

Flexing newfound muscle as consumer protector, the Federal Reserve today banned overdraft fees on automated teller machine and debit-card transactions unless consumers have actively opted for an overdraft protection service.

The Federal Reserve will prohibit issuers of debit cards from charging overdraft fees in many instances without the cardholder’s permission.

The Federal Reserve has issued a new rule that will prohibit banks from charging overdraft fees on ATM and debit card transactions unless a customer allows it.

Here's a small victory for consumers:Bank of America and JPMorgan Chase are planning to overhaul their debit card programs, changing the way they credit transactions and allowing customers to opt out of overdraft protection.