Current Events > Why the hell doesn't overdraft protection protect you from overdrafts?

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LordRazziel
01/31/18 12:22:43 PM
#1:


It still lets you over draft.
It still charges you an overdraft fee.
All it does is automatically take money from another account to give you a positive balance.

Not that it really affects me.
It has to have been about a decade since I last had an overdraft. But still...
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Terryville
01/31/18 12:31:40 PM
#2:


Overdraft protection is really overdraft coverage. It makes sense if you think of it this way. If you want actual overdraft protection, opt out of your banks' overdraft protection.
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