Financial services company SoFi gained its bank charter in 2022 and launched a combination checking and savings account, which is not a common offering. It has some of the best rates available, no ...

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 ...

Ally Bank doesn’t charge overdraft fees, but customers can opt in to two overdraft protection services: free overdraft protection transfers from a linked Ally savings or money market account or up to ...

(InvestigateTV) — When an account is overdrawn, consumers pay a high price. In 2024, the Consumer Financial Protection Bureau (CFPB) finalized a rule that would have required large banks and credit ...

It feels harmless. A coffee clears before your paycheck. You dip negative by a dollar. No big deal. Behind the scenes, banks treat that $1 exactly the same as a $100 mistake. And the consequences add ...

Overdraft protection is a service offered by many financial institutions to shield account holders from unintentional overdrafts in their checking accounts. This service, when activated, prevents ...

If you’re like me, this week, you'll probably feel the same thankful I-don’t-need-to-shop-this-much-again-for-another-year sigh of relief. But even when the year-end holidays have passed, you might ...