1. Overdraft Fees: Most banks and credit unions provide “overdraft service” which means that they will allow you to make purchases with your debit card when you don’t have enough money in the account. It may be convenient, but it is a loan that you have to pay back.

2. Linked Overdraft Programs: Many banks and credit unions will transfer money from your savings account to your checking account if you do not have enough money in your checking account to pay for a purchase. These programs will generally charge about $10 for each transfer and will limit the number of transfers to 6 a month. Federal law limits withdrawals from savings accounts to 6 per month, including transfers to checking through overdraft programs. After 6 withdrawals from your savings account, the bank or credit union will either decline a purchase that exceeds the amount in your account or will allow the purchase to go through and charge you the standard overdraft fee.

3. Standard Overdraft Programs: Most banks and credit unions will charge you between $28 and $35 for each purchase that exceeds the amount of money in your account.

4. Other fees may include:

• Monthly service fees
• ATM fees
• PIN Charges
• Lost Card fees