learn what other users had to say about

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
$ 35
Mar 2008
Avon Ohio
Pressure to get a credit card  more... close row
$ 33
Apr 2008
Wichita Falls, Texas
Overdrafting up to $400  more... close row
$ 32
Feb 2008
Indianapolis, Indiana
Fair overdraft fees avoids returned check fee  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
$ 15
Apr 2008
Baltimore, MD
Overdraft fees lower than other banks  more... close row
$ 20
Feb 2008
Kansas City, MO
Disputing an overdraft fee can be difficult  more... close row
$ 29
Apr 2008
East Lansing, Michigan
Overdraft protection is better than all the fees  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
$ 25
Jan 2008
Phoenix, AZ
Overdraft protection for delayed eft  more... close row
$ 30
Mar 2008
Hutchinson, KS
Automatic bill pay and donuts  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
$ 27
Apr 2008
Lebanon, OR
Overdraft fee is charged for each transaction  more... close row
$ 39
Mar 2008
Lincolnton, NC
Overdraft fees prevent returned check fees  more... close row
$ 35
Apr 2008
North Augusta, SC
Standard fee for overdrafting your account  more... close row
$ 20
Mar 2008
sacramento, ca
Overdraft fees are per transaction instead of per day  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

Description of service

My husband an I felt it was a good idea to have overdraft protection for our checking account. But back in January we racked up 90 dollars worth of over draft fees, because the bank kept resummiting the check electronically. So the same check came back 3 times in one week.


Review of Service

That seemed to be the only time it had ever done that though. I think it is great to have overdraft protection. It keeps you from bouncing checks which would result in having to pay even more and may. We have had overdraft protection on our account for over 5 years now and this was the first problem we ever had with the bank and it's system. When we called to ask about the situation everyone was very nice and understanding of the situation, but I guess it just works out that way some times. We still were 90 dollars less after the phone call to the bank.


Tips

If you are getting a checking account it is wise to get overdraft protection. Look around though because some banks even offer it free to there customers while others will charge a monthly free for you to have that same protection. Also is sometimes wise just to use a debit card that won't let you overdraft.