Checking accounts come with a variety of fees. Some of the most costly fees are associated with not having enough money in your account. Sadly, just when you need the money most, you might get hit with this extra expense.
In their report, Data Point: Checking account overdraft, the Consumer Financial Protection Bureau (CFPB) found that account holders that opt-in for overdraft coverage pay over $250 a year in overdraft and non-sufficient funds (NSF) fees on average. Read more →