x
Breaking News
More () »

Truist joining other big banks in cutting down overdraft fees

The bank is also eliminating bounced-check fees.

CHARLOTTE, N.C. — Truist Bank says it is reducing its overdraft fees. It’s the latest big bank to announce a substantial overhaul of overdraft policies that often impact the most vulnerable customers. 

RELATED: $35 overdraft fees are finished at Bank of America

The North Carolina-based bank plans to roll out a new checking account this summer that will have a $100 buffer for customers who spend more than they have in their accounts. It will also create a line of credit for those who need to go further into negative territory. 

The bank is also eliminating bounced-check fees.

WCNC Charlotte is always asking "where's the money?" If you need help, reach out to the Defenders team by emailing money@wcnc.com.

ALSO ON WCNC CHARLOTTE: New permit filed as Midnight Diner looks to move to Uptown Charlotte

ALSO ON WCNC CHARLOTTE: 'They sent an email to our office manager requesting a $60,000 payment' | Cybercriminals target small businesses more often than you think

Wake Up Charlotte To Go is a daily news and weather podcast you can listen to so you can start your day with the team at Wake Up Charlotte
SUBSCRIBE: Apple Podcasts || Spotify || Stitcher || TuneIn || Google Podcasts  

All of WCNC Charlotte's podcasts are free and available for both streaming and download. You can listen now on Android, iPhone, Amazon, and other internet-connected devices. Join us from North Carolina, South Carolina, or on the go anywhere. 

For the latest breaking news, weather and traffic alerts, download the WCNC Charlotte mobile app. Click here to sign up for the daily Wake Up Charlotte newsletter