Consumer alerts

Tell Congress: Rein in overdraft fees once and for all

The office of Congresswoman Maloney | TPIN

Have you heard of the “$38 cup of coffee?” It’s when your $3 debit card purchase of, say, a cup of coffee overdraws your bank account and you’re hit with a $35 overdraft fee.

Even though some banks have changed their overdraft practices, many still charge about $35 for overdraft fees, sometimes 3-6 times in a single day.

Banks shouldn’t be allowed to hit customers with multiple overly punitive fees when they overdraw their bank accounts. Tell your members of Congress to support protections from excessive and unfair overdraft fees.


Take Action