Overdrafts

Overdrafts will cost you a lot of money.

When you overdraw your account, you will be assessed a fee (usually $20 - $30) for EACH overdraft item.

Overdrafts will cost you a lot of money.

Too many overdrafts or not taking care of an overdraft promptly can reduce or revoke your banking privileges.

If you overdraw your account too frequently - or by too much - especially before you have a good history established; your financial institution can reduce your privileges (take away debit cards, etc.) or close your account.