Banks want to rip you with "account overdraft protection" -- don't fall for it!!
The American Bankers Association finds that almost half of all people surveyed have signed up for (or intend to sign up for) overdraft account protection. That's a real testimony to how convincing the solicitations from the banks have been for this "service."
As previously reported, on August 15 the banks and credit unions became required to ask for permission to rip you off by allowing debit card charges in excess of your available balance.
Don't believe the hype about overdraft protection! You don't want to opt in for this so-called "protection." Protection from what? It's much better to be denied your $2 coffee purchase at the register when you have no money in your account than to get the coffee and be hit with nearly $40 in overdraft charges.
Ultimately, it's your responsibility to make sure you have money in your account. Carry a calculator and/or check register and record your purchases as you go. Just do whatever it takes to gets the job done -- as long as it's not opting in for overdraft protection!