Comments on: Watch Out For Sneaky Overdraft and Bank Fees http://www.moneycrashers.com/watch-out-for-sneaky-overdraft-and-bank-fees/ Personal Finance Blog, Your Guide to Financial Fitness Fri, 10 Feb 2012 01:15:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Machttp://www.moneycrashers.com/watch-out-for-sneaky-overdraft-and-bank-fees/#comment-10648 Mac Wed, 31 Mar 2010 03:51:02 +0000 http://www.moneycrashers.com/?p=631#comment-10648 I've had overdraft fees in the past, but everytime I complained, they tell me I've been a good customer and waive the fee. This normally happens with my credit card accounts if I fail to pay the minimum amount on time (though I always pay the balance). Most are on auto-pay, so it's rarely an issue. If this occurs on my checking account, there is no overdraft fee as $250 is automatically withdrawn from my line of credit account to pay the overage instead. Good method, but it has its disadvantages too. I’ve had overdraft fees in the past, but everytime I complained, they tell me I’ve been a good customer and waive the fee. This normally happens with my credit card accounts if I fail to pay the minimum amount on time (though I always pay the balance). Most are on auto-pay, so it’s rarely an issue.

If this occurs on my checking account, there is no overdraft fee as $250 is automatically withdrawn from my line of credit account to pay the overage instead. Good method, but it has its disadvantages too.

]]>