Do banks care if you overdraw your account?

A question by Anonymous :  Do banks care if you overdraw your account??


Provide a response using the comment section. After review we will update the answers.

“`No.  They actually want you to overdraw your account as many times as you can.  That way they get to fine you $50 for being stupid.”

“They care a LOT! If you, do it too often, they will close your account without telling you.  It’s also very expensive.  Overdraft fees add up quickly.”

By Alexandre Laurent

Alexandre Laurentl is working in the jewelry and investment gold since 2002. Alexandre graduated from The Normandy School of Business and from the University of Perpignan a Bachelor of economics in 1995.

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