{"version":"2026-overdraft-junk-fee-report","name":"SwitchWize Overdraft & Junk Fee Report","snapshotDate":"2026","citeAs":"SwitchWize, \"The Overdraft & Junk Fee Report: What Banks Still Charge (2026).\" Retrieved 2026.","sourcePage":"https://www.switchwize.com/learn/overdraft-junk-fee-report-2026","headline":{"annualOverdraftAndNsfFeesUsd":12000000000,"averageOverdraftFeeUsd":26.77,"averageNsfFeeUsd":16.82,"repealedCapUsd":5,"estimatedAnnualSavingsLostUsd":5000000000},"policy":{"cfpbRuleYear":2024,"capUsd":5,"repealed":true,"repealMechanism":"Congressional Review Act","repealYear":2025,"tookEffect":false,"note":"The 2024 CFPB rule capping most overdraft fees at $5 at large banks was repealed by Congress in 2025 before it took effect."},"sources":[{"label":"Consumer Financial Protection Bureau","detail":"Overdraft fee totals, averages, and concentration among frequent overdrafters.","url":"https://www.consumerfinance.gov/data-research/research-reports/data-spotlight-consumer-experiences-with-overdraft-programs/full-report/"},{"label":"US Congress","detail":"Repeal of the CFPB overdraft rule via the Congressional Review Act, 2025.","url":"https://www.congress.gov/crs-product/IN12513"}],"methodology":{"summary":"Overdraft is priced like a penalty, not a service: a flat ~$27 fee often exceeds the shortfall, applied automatically, and concentrated on frequent overdrafters who skew lower-income. It is highly avoidable.","caveat":"Annual totals vary modestly year to year; some banks have voluntarily reduced or eliminated overdraft fees."}}