Coverage dated November 30, 2021 to December 2, 2021

Capital One becomes first large bank to drop all overdraft fees

Headline from My9nj

Capital One Bank announced that it will eliminate all fees for overdrafts and insufficient funds, becoming the largest bank to do so.

My9nj's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Reports & sources

38 articles, oldest first.

  1. FOX Business

    Capital One to end overdraft fees (opens FOX Business)

    Published

    FOX Business's feed description

    Capital One customers caught a big break as the bank kisses overdraft fees goodbye forever.

  2. CBS News

    Capital One is biggest U.S. bank to end overdraft and insufficient fund fees (opens CBS News)

    Published

    CBS News's feed description

    The move comes as regulators threaten to crack down on banks that rely too heavily on such penalties for revenue.

  3. NBC News

    Capital One to drop overdraft fees for all retail banking customers (opens NBC News)

    Published

    NBC News's feed description

    Capital One is eliminating all overdraft fees for retail banking customers, according to a memo distributed to employees on Wednesday.

  4. Forbes

    No More Overdraft Fees? Capital One Becomes First Large Bank To Pledge End To Fines (opens Forbes)

    Published

    Forbes's feed description

    The move will cost the company about $150 million in lost revenue, according to a Capital One spokesperson.

  5. NWI Times

    Capital One is the first big bank to get rid of overdraft fees (opens NWI Times)

    Published

    NWI Times's feed description

    What's in your wallet? If you're a Capital One customer, it might soon be more money.

  6. ABC 10 Sacramento

    Capital One latest bank to eliminate overdraft fees (opens ABC 10 Sacramento)

    Published

    ABC 10 Sacramento's feed description

    Capital One said it will still allow customers to overdraft, but it will no longer charge a fee to do so.

  7. Fox26 Houston

    Capital One drops all overdraft fees, latest bank to do so (opens Fox26 Houston)

    Published

    Fox26 Houston's feed description

    Capital One said it will still allow customers to overdraft, but it will no longer charge a fee to do so. Any eligible customers can opt into fee-free overdraft at any times, the bank said.

  8. My9nj

    Capital One becomes first large bank to drop all overdraft fees (opens My9nj)

    Published

    My9nj's feed description

    Capital One Bank announced that it will eliminate all fees for overdrafts and insufficient funds, becoming the largest bank to do so.

  9. Arkansas Democrat-Gazette

    Capital One joining move to eliminate overdraft fees (opens Arkansas Democrat-Gazette)

    Published

    Arkansas Democrat-Gazette's feed description

    Capital One said Wednesday that it would stop charging retail customers overdraft fees, making it the latest bank to either eliminate or ease the charges famous for turning $3 coffees into $38 gotchas.

  10. Omaha World-Herald

    Capital One Wipes Out Overdraft Fees, Plus How to Avoid Them at Your Bank (opens Omaha World-Herald)

    Published

    Omaha World-Herald's feed description

    A growing list of banks is making overdraft fees a thing of the past.

  11. NBC 6 South Florida

    Banks Like Capital One and Ally Are Eliminating Overdraft Fees (opens NBC 6 South Florida)

    Published

    NBC 6 South Florida's feed description

    Banks like Capital One and Ally have eliminated overdraft fees this year. But customers could face higher costs on other banking products as a result.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

Capital One becomes first large bank to drop all overdraft fees | Since Then