Nationwide has become the latest institution to hit current account customers, announcing a 3% rise in overdraft interest rates despite the Bank of England’s decision to keep rates on hold. Sunday ...

The Consumer Financial Protection Bureau on Thursday announced the final version of a rule limiting banks’ ability to charge overdraft fees. It says the rule will save American consumers $5 billion ...

The Consumer Financial Protection Bureau (CFPB) said it has closed a loophole on overdraft fees — limiting banks’ ability to charge them and potentially saving households hundreds of dollars. The ...

Bank overdrafts are more costly than credit card loans following a crackdown on charges designed to protect careless borrowers. The Financial Conduct Authority (FCA) introduced rules four years ago to ...

The Consumer Financial Protection Bureau released a final overdraft rule that caps overdraft fees at $5 for the largest banks. The sweeping rule immediately drew a legal challenge from bank trade ...

LONDON (Reuters) - Banks raked in more than 600 million pounds from consumers last year by hiking overdraft and credit card rates, according to price comparison service uSwitch.com It said five banks, ...

BANKS are fleecing customers out of £15billion a year with interest charges and overdraft fees, Sun Business can reveal. It means Brits pay a whopping £41million a ...