This is something nice to hear this time of year. The banking giant is probably the first to do this in the United States. When people who worry often about penatly fees after shopping season won’t have to worry about this with Capitol One.
Capital One said Wednesday that it will eliminate all overdraft fees and nonsufficient funds fees for consumer banking customers starting early 2022. It’s the first US bank of its size to completely drop these fees, which cost consumers $12.4 billion last year alone, according to the Financial Health Network’s 2021 FinHealth Spend Report – CNET
https://www.cnet.com/personal-finance/banking/capital-one-to-eliminate-overdraft-fees-next-year/
