Freedom Debt Relief explains that it's important to understand how overdraft works, what to do if your account is overdrawn, ...

Banks, however, argue that 70 percent of bank customers find their bank’s overdraft service “valuable.” Consumers “have indicated time and time again that they value and appreciate” the ...

Citizens Bank’s overarching mission is to help our customers achieve financial equality, independence, and dignity. Offering the overdraft protection service is a critical component of this mission.

As a result, overdraft/NSF revenue in 2023 dropped more than 50 percent from pre-pandemic levels, saving consumers more than $6 billion annually, according to CFPB data. Bank of America dropped ...