Understanding Overdrafts
Know your options before your account goes below zero.
What happens when you have $20 in your account but your groceries cost $30? Your payment might go through, money might transfer from a linked account, or your card might be declined.
Your Overdraft Quick Guide.
This one-page guide helps you understand the difference—and know what to ask your bank or credit union.
Inside the guide
• A simple $20/$30 example
• Three common overdraft services and how they work
• Questions about your settings, fees, linked accounts, and grace periods
Download the free guide below
Keep it handy when reviewing your account or speaking with a banker.
*Educational information only. Service names, fees, and terms vary by financial institution
Prefer to listen?
Explore this topic in Episode 8 of Life Happens, Money Matters wherever you listen to your podcasts