Service and penalty fees are a huge revenue source for banks. A number of fees can easily be waived by linking accounts or taking other steps. Others can often be waived upon request in order for the ...

Overdraft fees are down slightly after increasing the previous year. The average fee is now $26.77, down 1 percent from the previous year. If you regularly incur high monthly maintenance fees, ATM ...

In a move that has stirred concern among its customers, Chase Bank is increasing the monthly service fee for its Total Checking account. This change, which was quietly announced, will take effect on ...

A Republican-backed joint resolution would overturn a regulation set to take effect Oct. 1 that would cap overdraft fees at large banks. If the regulation goes into effect, overdraft fees would be ...

Interest is one of the ways lenders make their money, and it’s what makes it worth it for them to give out loans. If you’re borrowing money, interest is the cost the bank charges you for the service.

In a major win for the banking industry, Congress has overturned a Consumer Financial Protection (CFPB) rule that would have limited overdraft fees to $5 at the nation’s largest banks and credit ...

Whether you’re scrolling through your phone or flipping through TV channels, you’ve probably seen ads for banks promising things like “low or no banking fees.” Cue the visuals: people laughing over ...

Hidden banking fees, often referred to as "junk fees," silently drain thousands of dollars from businesses each year, with many owners discovering these charges only after they've already impacted ...

Are you tired of waiting in long lines, and dealing with too many fees and minimum requirements? Opening a checking account with an online bank could be your solution. Today, almost every bank offers ...

Pete Buttigieg, who served as transportation secretary during former President Joe Biden’s administration and is mulling a Senate run in Michigan, criticized proposed legislation to overturn a ...

Banks generate revenues from a number of different avenues. Lending, financing, investment banking, and mortgages are just some of the larger platforms. Another area that banks generate sizable fees ...