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Personal Finance and Investing

Tomconroy

(7,611 posts) Thu Dec 2, 2021, 08:24 AM Dec 2021

Capital One to end overdraft fees.

Capital One ends overdraft fees. The lender said it would stop charging customers for overdrawing their accounts, the latest to do so, shortly before the Consumer Financial Protection Bureau said it would closely examine banks that relied heavily on such charges for revenue.

From the NYT Dealbook newsletter. I can't do a link. Why do I suspect this wouldn't have happened under TFG?

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Capital One to end overdraft fees. (Original Post) Tomconroy Dec 2021 OP

Link:) True Blue American Dec 2021 #1

True Blue American

(18,161 posts)

1. Link:)

Reply to Tomconroy (Original post)

Thu Dec 2, 2021, 08:32 AM

Dec 2021

This is good news because I cancelled a Capitol One card because my mailed payment did not get there, although I mailed it right after I received the bill.

https://www.usatoday.com/story/money/business/2021/12/01/capital-one-ends-all-overdraft-fees-latest-big-bank-do-so/8825961002/

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