What do overdraft fees cost you a year?
A single overdraft fee stings. Repeated a couple of times a month, it's a real yearly bill. Add up what you pay. See what a fee-free account would keep in your pocket.
Your fees, added up
Illustrative — a fee-free account charges $0 for the same shortfallThe flat fee some accounts charge just to stay open.
How this is calculated
We multiply your overdrafts a month by the fee, then by twelve. Then we add any monthly maintenance fee for the year. Overdraft fees are charged per transaction — two purchases while short is two fees, not one.
a year = (overdrafts × fee × 12) + (monthly maintenance × 12)
It's money you're paying to be short, on top of being short. A fee-free account with no overdraft fee and no monthly maintenance fee charges nothing for the same gap.
See how they work, and which are safe, on the fee-free banking hub — and get paid a day or two earlier with early direct deposit.