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Reading: Capital One Is Latest Bank to Ditch Overdraft Fees
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The Wall Street Publication > Blog > Markets > Capital One Is Latest Bank to Ditch Overdraft Fees
Markets

Capital One Is Latest Bank to Ditch Overdraft Fees

Editorial Board Published December 1, 2021
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Capital One Is Latest Bank to Ditch Overdraft Fees
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Capital One Financial Corp. said it will stop charging customers overdraft fees, making it one of the largest banks to do so. 

The fees, which are charged when customers don’t have enough money in their accounts to cover payments, are a source of income—and criticism—for banks. 

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