The short answer to this question is: you get charged with outrageous overdraft fees! Keep reading if you want to understand exactly what happens if you overdraw your checking account, why this happens, and how much it will cost you.

We have all (ok, most of us) been there! You miscalculated your expenses? Your paycheck is a bit lower this time around than usual? In this article, you will find concrete tips to prevent having an overdrawn bank account, and learn what to do when you bank account is in negative.

Many banks offer overdraft protection including ODP transfer to checking, which is usually somewhat cheaper than traditional overdraft coverage. In this article, find out all about overdraft protection, how ODP transfers work and important points to consider.

Performing frequent account balance checks is without doubt the most useful thing you could do to avoid overdraft fees and have an overdrawn bank account. In fact, it is the best thing you could do to avoid bank fees in general. Many of us fail to check our balance regularly although...

Overdraft protection is a service offered by your bank. It covers you if you spend more money than you have in your account.

If you're asking yourself "how much can I overdraft my checking account" you are in the right place. We prepared this list of all overdraft limits and fees for each of the major banks.

Even the most financially savvy people can find themselves overdrawn from time to time. Overdraft fees can soon add up so it’s a good idea to bring your account back into a positive balance as quickly as you can. But with that said, how long can your checking account be overdrawn...

Marcus by Goldman Sachs offers a few different types of financial products, including high-yield savings accounts, Certificates of Deposits (CDs) and no-fee fixed-rate personal loans. The Goldman Sachs name is well established, but how does this bank fare in the eyes of its customers?

Can you overdraft a savings account? In short, the answer is “yes.” Any time you spend more than you have in the bank, your account will be in overdraft. While the best way to avoid overdrafts is to spend less than you make, that doesn’t account for mistakes in math or in miscommunication with...

We’ve all been there – asking our banker, “Can you overdraft a negative account?” The answer is yes but it’s more complicated than you may think. Any time you spend (or trying to spend) more money than you have, it’s going to cost you in either fees or penalties. You could take steps to...