Sentence examples similar to an overdraft fee was debited from inspiring English sources

The average debit transaction that incurs an overdraft fee is $24, according to a recent study by the Consumer Financial Protection Bureau (CFPB).

(An overdraft fee is a hefty $34, so you'd better deposit that babysitting money, pronto).

The average amount people overdraft when using their debit cards is only $24, which they usually pay back within three days — but the typical overdraft fee is $34.

What banking customers might be missing is that debit card overdraft fees are the tip of the iceberg.

And unlike prior years, most overdraft fees are now triggered by ATM and debit card purchases and not paper checks.

Overdraft fees were a big one.

Even with the changes, a recent study found that overdraft fees are still quite high.

The Federal Reserve Board's new rules aimed at protecting unsuspecting holders of debit cards from multiple overdraft fees are, at best, half-measures.

The new rule also bans the requirement that overdraft fees be repaid when new money is deposited on prepaid debit cards.

Mr. Pandit said the new restrictions on overdraft fees were "not material" to the bank because it never relied on excessive overdraft fees, nor were debit card fees a significant part of its business.

In an analysis of data from large banks, the bureau found that the majority of debit card transactions that led to overdraft fees were for purchases of $24 or less.