Advanced Placement (AP), 21.05.2021 02:00 iamasia06
Having overdraft protection on a checking account is a good idea but it can also be an expensive feature. Why?
O a Banks charge a monthly fee for having overdraft protection on their checking accounts
O b A fee, which can be as high as $25-$30, is charged when overdraft protection on the checking account is used
O Ρ The bank charges 20% of the amount taken from the overdraft protection
O d The bank stops paying the person interest on savings accounts or CDs each time overdraft protection is used
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