Quote:
Originally Posted by 50stang
Disneysteve,
Yea I agree with you on your last post. Everytime a bank teller looks at my account they all push me to get a overdraft protection. I tell them no everytime beccaue it is my faut that I went over. I just felt that 35 dollars was a steep price to pay If i did go over a few bucks.
But like what some of you said, its time to grow up and face the music that I did it to myself. There may be a better bank but my problem will just follow me as I'm just spending more that what I have.
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Overdraft protection is good when you "occasionally" spend more than what you have. For example, if you written a check for $50.00 and it bounce (not enough money in your checking) you would have to pay the merchant penalty usually around $35.00 plus bank charges around $15.00 - $25.00. You could pay $50 plus being a few dollars short. With ODP bank only charges anywhere $3.00 to $10.00 per check. ODP save you for paying all the fees. I have ODP link with my savings cost $3.00 per transaction.