Primary Country (Mandatory)

United States

Other Country (Optional)

Set News Language for United States

Primary Language (Mandatory)
English
Other Language[s] (Optional)
No other language available

Set News Language for World

Primary Language (Mandatory)
English
Other Language(s) (Optional)

Set News Source for United States

Primary Source (Mandatory)
CNN
Other Source[s] (Optional)

Set News Source for World

Primary Source (Mandatory)
AajTak
Other Source(s) (Optional)
  • Countries
    • India
    • United States
    • Qatar
    • Germany
    • China
    • Canada
    • World
  • Categories
    • National
    • International
    • Business
    • Entertainment
    • Sports
    • Special
    • All Categories
  • Available Languages for United States
    • English
  • All Languages
    • English
    • Hindi
    • Arabic
    • German
    • Chinese
    • French
  • Sources
    • India
      • AajTak
      • NDTV India
      • The Hindu
      • India Today
      • Zee News
      • NDTV
      • BBC
      • The Wire
      • News18
      • News 24
      • The Quint
      • ABP News
      • Zee News
      • News 24
    • United States
      • CNN
      • Fox News
      • Al Jazeera
      • CBSN
      • NY Post
      • Voice of America
      • The New York Times
      • HuffPost
      • ABC News
      • Newsy
    • Qatar
      • Al Jazeera
      • Al Arab
      • The Peninsula
      • Gulf Times
      • Al Sharq
      • Qatar Tribune
      • Al Raya
      • Lusail
    • Germany
      • DW
      • ZDF
      • ProSieben
      • RTL
      • n-tv
      • Die Welt
      • Süddeutsche Zeitung
      • Frankfurter Rundschau
    • China
      • China Daily
      • BBC
      • The New York Times
      • Voice of America
      • Beijing Daily
      • The Epoch Times
      • Ta Kung Pao
      • Xinmin Evening News
    • Canada
      • CBC
      • Radio-Canada
      • CTV
      • TVA Nouvelles
      • Le Journal de Montréal
      • Global News
      • BNN Bloomberg
      • Métro
Blackview MP60 Mini PC Intel Buy Now
Men's Manicure & Pedicure Kit Buy Now
Women's Boho Palazzo Pants Buy Now
Mens Fashion Henley Shirt Classic Buy Now
Flowy Maxi Skirt with Pockets Buy Now
BZB Women's Ribbed Tank Tops Buy Now
Womens Satin Pajama Set Buy Now
Wedge Sandals Buy Now
COOFANDY Mens Short Sleeve Shirts Buy Now
4K Dual Screen Camera with 18X Zoom Buy Now
Men's Lightweight Bomber Jacket Buy Now
Casual Loose Pullover Shirts Tops Buy Now
10.1" Octa-Core Tablet with Keyboard & Mouse Buy Now
Chiffon Plain Saree Buy Now
Men's Flannel Lined Western Shirt Jacket Buy Now
Fashion Casual Slim Fit Sweater Buy Now
V Neck Batwing Half Sleeve Shirts Solid Color Tops Buy Now
Womens Soft Satin Pajama Set Buy Now
The Psychology of Money Buy Now
Chiffon Muslim Head Scarf for Women Buy Now
Blackview MP60 Mini PC Intel Buy Now
Men's Manicure & Pedicure Kit Buy Now
Women's Boho Palazzo Pants Buy Now
Mens Fashion Henley Shirt Classic Buy Now
Flowy Maxi Skirt with Pockets Buy Now
BZB Women's Ribbed Tank Tops Buy Now
Womens Satin Pajama Set Buy Now
Wedge Sandals Buy Now
COOFANDY Mens Short Sleeve Shirts Buy Now
4K Dual Screen Camera with 18X Zoom Buy Now
MoreBack to News Headlines
TD adjusts overdraft fees in U.S. after scrutiny from consumer watchdog

TD adjusts overdraft fees in U.S. after scrutiny from consumer watchdog

CBC
Tuesday, February 1, 2022 10:51 PM GMT

TD Bank says it's making policy changes at its U.S. operations to reduce how much customers pay in overdraft fees amid rising regulatory pressure over the charges.

The bank says customers will be able to overdraw their account by up to $50 before incurring an overdraft fee, and for those who over draw by more, the bank will give them 24 hours to bring their account in line without charging a fee. It will also alert customers when their account balances are low.

The changes come as after criticism in December from the Consumer Financial Protection Bureau over how dependent U.S. banks are on overdraft and non-sufficient fund fees, noting banks pulled in $15.5 billion US from the fees in 2019.

"Rather than competing on quality service and attractive interest rates, many banks have become hooked on overdraft fees to feed their profit model," said CFPB director Rohit Chopra said in a release late last year. "We will be taking action to restore meaningful competition to this market."

Numerous U.S. banks aren't waiting for those changes to be imposed upon them and have already announced changes around the fees, which typically cost about $34 per overdraft, or doing away with them entirely.

TD also made several changes to its overdraft policies in the U.S. last year, including increasing the threshold of when overdraft fees would be charged, decreasing the maximum number of overdraft fees per day, and creating a no-overdraft account.

In 2020, the CFPB fined TD Bank $122 million over illegal overdraft practices, including charging fees without obtaining consent and unlawful overdraft enrolment practices.

Read full story on CBC
Share this story on:-
Run 3 Space | Play Space Running GamePlay Run 3, the ultimate space tunnel running game with 300+ challenging levels!Adv.
Traffic Jam 3D | Online Racing GameTraffic Jam 3D is a game where you’ll be driving through heavy traffic.Adv.
Duck Hunt | Play Old Classic GamePlay the classic 1984 light gun shooter game Duck Hunt on your browser.Adv.
More Related News
Parking Slot | Free Parking GamePlay Parking Slot, the best online 3D car driving and parking game.Adv.
Slope Ball Run - Play OnlineSlope Game takes you on an exciting journey of a ball on special paths.Adv.
Wealthsimple launches credit card, new line of credit to challenge big banks

Wealthsimple Inc. announced its first credit card and a line of credit Wednesday as it ramps up efforts to challenge the dominance of Canada's big banks.

Fewer Americans are visiting Canada. Ad campaigns assure them they're welcome here

Late last year, Dan Davis of Cleveland, Ohio, began planning a motorcycle trip with friends this summer that includes several days in Ontario. 

DHL Express workers on strike after company locks them out, adding to parcel sector turmoil

Unifor says DHL Express Canada locked out workers just after midnight Sunday as the two sides failed to reach a contract deal, injecting more labour turmoil into the country's parcel delivery market.

Customs brokers are cross-border trade gurus. With tariff whiplash, they're facing 'toxic uncertainty'

Dan Patrick De Los Santos's workday looks very different then it did a few months ago before the Trump administration tariffs upended trade — and his job description.  

Canada's unemployment rate ticks up to 7% in May, highest in 9 years outside of pandemic

Canada's unemployment rate rose to seven per cent in May, the highest it's been in nine years outside of the pandemic, Statistics Canada said on Friday.

Bank of Canada must get comfortable with the unknown as long as Trump is in charge

In two straight decisions, the Bank of Canada has said it was leaving its key overnight lending rate unchanged as it gains "more information on U.S. trade policy and its impacts."

These charts reveal a Canada-U.S. bond forged in steel and aluminum

It's a move that could reshape North American trade.

ETFs are outpacing mutual funds despite market volatility. Are rookie retail investors at risk?

Canadian investors are putting more of their money into exchange-traded funds (ETFs), according to recent data, even as the U.S.-led trade war rocks global stock markets, and some experts say rookie retail investors could be at higher risk. 

© 2008 - 2025 Webjosh  |  News Archive  |  Privacy Policy  |  Contact Us