Learn about the financial consequences of overdrawing your checking account and discover strategies to avoid costly overdraft fees and account closures.

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 ...

If you don’t keep a close watch on your checking account balance, making a debit purchase or writing a check without enough funds in your account to cover it could end up costing you. The average ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Suzanne is a content marketer, writer, and ...

Overdraft fees can be an expensive and frustrating surprise, especially if you’re not aware of your bank’s policies. If you have a Chase checking account, understanding how Chase overdraft fees work ...

Getting hit with an overdraft fee can be frustrating — but the good news is you may be able to get it refunded. Whether it happened because of a timing issue or budgeting slip, many banks are willing ...