Bank Accounts: Overdraft Fees
Overdrawing your checking account could result in a fee as high as $35 to $40 if you opt to let the bank cover the overdraft for you. Instead, link your checking account to a backup savings account from which the bank can automatically transfer funds; you may pay a fee, but it’ll likely be about $5 to $15 instead.
Among big banks, Chase%20 and %20 U.S. Bank charge no fees for overdraft transfers from a savings account with the bank. Alternatively, you can turn down all forms of overdraft protection, and your debit card will be rejected if you have insufficient funds to cover the charge (but you could still incur fees for electronic transfers or checks that overdraw your account).