![](https://files.consumerfinance.gov/f/images/cfpb_junk-fees-phone-illustration_1280x720_vide.original.jpg)
The hidden cost of junk fees
There’s a growing concern that banks and other financial companies seem to be making these junk fees, like overdraft fees, part of their core business model.
![](https://files.consumerfinance.gov/f/images/cfpb_fee-week-return-deposit-fees_video-TN_2022.original.jpg)
Surprise depositor fees
Surprise depositor fees include the practice of indiscriminately charging fees to every person who deposits a check that bounces.
![](https://files.consumerfinance.gov/f/images/cfpb_fee-week-surprise-overdraft-fees_1920x1080.original.jpg)
Surprise overdraft fees
Surprise overdraft fees, includes fees charged when consumers reasonably expected they had enough money in their account to cover a charge at the time the bank authorizes it.
Latest news
- CFPB Bans Excessive Credit Card Late Fees, Lowers Typical Fee from $32 to $8
- CFPB Proposes Rule to Close Bank Overdraft Loophole that Costs Americans Billions Each Year in Junk Fees
- CFPB Issues Guidance to Halt Large Banks from Charging Illegal Junk Fees for Basic Customer Service
- View all press releases on junk fees