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the Price of Overdraft Fees

Price 
Location 
Submitted by  
Description
$ 39
Mar 2008
North Brunswick,NJ
Excessive fees for overdrafting your account  more... close row

Description of service

Paying for overdraft is not really a service you buy or plan to use. Unfortunately it is a fee banks will charge you whenever you attempt to use more money then what you have in your account. It can come in any form, like writign a check or having an automated debit coming in to your account. The price charged by the back is 39 dollars for each item. The "each item" is very important to keep in mind.


Review of Service

You can have a whole disaster start from one unsufficient fund. No matter how small is the amount your overdraft your account with, the bank will charge you the hefty fee. And then if there are other checks or electronic debits are coming in at the same time,they will impose a 39 dollar fee on each of these. You can end up looking at hundreds of dollars charges in fees from your own bank. Now that is just one side of the problem. Your bank charges you but then the places where your payment failed will charge you another hefty amount as well. God knows what is the limit on the damages you can have just by overdraft your account even with a penny.


Tips

Keep a very reliable track of your bank payments. Don't forget about reoccurring electronic payments. You can try to keep additional money in the account for just in case. Or setup an account to give you overdraft protection.


$ 33
Apr 2008
Wichita Falls, Texas
Overdrafting up to $400  more... close row
$ 35
Mar 2008
Avon Ohio
Pressure to get a credit card  more... close row
$ 36
Feb 2008
Kalispell, Montana
Overdraft fee increases per day  more... close row
$ 35
Apr 2008
Ann Arbor, Michigan
Overdraft fees really add up  more... close row
$ 32
Feb 2008
Indianapolis, Indiana
Fair overdraft fees avoids returned check fee  more... close row
$ 15
Apr 2008
Baltimore, MD
Overdraft fees lower than other banks  more... close row
$ 29
Apr 2008
East Lansing, Michigan
Overdraft protection is better than all the fees  more... close row
$ 20
Feb 2008
Kansas City, MO
Disputing an overdraft fee can be difficult  more... close row
$ 34
Apr 2008
London, KY
Bank caused overdraft by paying bills early  more... close row
$ 22
Apr 2008
New York, NY
Overdraft fee for bounced check  more... close row
$ 30
Mar 2008
Hutchinson, KS
Automatic bill pay and donuts  more... close row
$ 25
Jan 2008
Phoenix, AZ
Overdraft protection for delayed eft  more... close row
$ 33
Mar 2008
Cashiers, NC
Likening overdraft protection to usury  more... close row
$ 0
Apr 2008
Mableton, GA
Overdraft fee waived once a year  more... close row
$ 39
Mar 2008
Lincolnton, NC
Overdraft fees prevent returned check fees  more... close row
$ 27
Apr 2008
Lebanon, OR
Overdraft fee is charged for each transaction  more... close row
$ 20
Mar 2008
sacramento, ca
Overdraft fees are per transaction instead of per day  more... close row
$ 35
Apr 2008
North Augusta, SC
Standard fee for overdrafting your account  more... close row
$ 35
Jan 2008
Bellmawr, NJ
Surprise overdraft fee  more... close row
$ 35
Feb 2008
Ashland, Ky
No Overdraft Protection From Savings Account  more... close row
$ 25
Feb 2008
Amarillo, TX
Overdraft fee charged because of not balancing checkbook  more... close row
$ 35
Jun 2007
Alameda, CA
I let my account become overdrawn  more... close row
$ 90
Jan 2008
Mount Pleasant, MI
Automatically charged fees  more... close row