CFPB Exposes Cash-Back Fees at Dollar and Grocery Stores

Consumers face higher charges for cash-back services at discount chains and some grocery stores, impacting economically vulnerable communities.

Dollar General, Dollar Tree, and Kroger charge fees for cash-back services, ranging from $0.50 to $3.50 depending on the amount withdrawn.
In contrast, major retailers like Walmart, Target, Walgreens, CVS, and Albertsons do not charge for cash-back services.
The CFPB estimates these fees cost consumers approximately $90 million annually.
Rural and low-income communities, often served by dollar stores, are disproportionately affected due to limited banking access.
The CFPB continues to monitor these practices as bank closures increase reliance on retail cash-back options.