What Happens When You Overdraft Your Account?

Answer

The events that happen when you overdraft your account depends on your account agreement. An overdraft is when you spend more money than you have in your account. Some banks will charge you a fee if you overdraft your account. If you have overdraft protection, your bank will not charge you fees even if you overdraft your account.
Q&A Related to "What Happens When You Overdraft Your Account?"
In light of the change in overdraft fee laws enacted in August 2010, your debit card purchases and ATM withdrawals for which you have insufficient funds will be declined at the point
http://www.ehow.com/info_7874860_happens-overdraft...
In the United States. Generally, an overdraft occurs when withdrawals from a bank account exceed the available balance which gives the account a negative balance - an account can
http://wiki.answers.com/Q/What_happens_to_the_over...
Depending on your bank, you will most likely be charged an
http://www.chacha.com/question/what-happens-if-you...
Most bank's charge $25-50 for overdraft fee's. Best bet is to call your bank and talk to them, and see if they will refund the fee.
http://answers.yahoo.com/question/index?qid=100603...
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