Article
January 21, 2016
Checking accounts are the most widely used financial product in the country. Yet poorly regulated bank overdraft practices continue to cause consumers to unknowingly incur multiple costly fees for a single transaction. Pew is promoting new rules to make overdraft programs safer and more transparent.
Additional Resources
Improve Economic Advancement
Overdrawn: Consumer Experiences with Overdraft
Survey shows checking account holders still confused, unhappy with practices and fees
Report
Explore
Places
More on Family finances
Automatic Refund Policies Return Money to Taxpayers Even as State Budgets Tighten
Article
September 9, 2025
Over a Third of Older Philadelphians’ Income Comes From Wages
Issue Brief
August 27, 2025
How Americans Pay for Their Homes
Article
August 22, 2025
How One Mother Became a Voice for People Sued for Medical Debt
Article
August 20, 2025
More from Consumer Banking
Pew Urges Consumer Protections in Future Instant Payments System
Speeches & Testimony
September 1, 2021
Can Regulators Foster Financial Innovation
Issue Brief
September 10, 2020
Concern About Efforts to Codify Bank Partnerships
Speeches & Testimony
September 3, 2020