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What Is Overdraft Protection & How Does It Work? Your email has been sent Discover what overdraft protection is, how it works, and whether it’s right for you. Learn the benefits and potential pitfalls ...

A $1 overdraft can trigger fees, negative balances, and account flags that cost far more than a dollar.

When you use more funds than you have in your checking, savings, or money market bank account, you can end up with a negative balance. That can lead to your bank declining future transactions. If you ...

Overdraft protection helps you avoid having transactions declined, even if your balance is low. Different banks offer various types of fee-based overdraft protection. Using overdraft protection ...