How to Use overdraft in a Sentence
overdraft
noun-
Bank overdraft fees in the U.S. have hit an all-time high.
— Khristopher J. Brooks, CBS News, 4 Jan. 2022 -
Meanwhile, the banks will still be pulling in overdraft fees.
— The Economist, 10 Aug. 2019 -
The average overdraft fee is more than $25 and can be as high as $36.
— Cora Lewis, Fortune, 3 May 2024 -
Why are banks allowed to charge overdraft fees when many of us don’t have jobs right now?
— Maura Zurick, cleveland, 28 Mar. 2020 -
As a result, the bank stopped charging overdraft fees this year.
— David Benoit, WSJ, 3 Sep. 2022 -
Under the law, if Borrego Springs doesn’t fix its overdraft problem, the state will come in and do it for them.
— San Diego Union-Tribune, 7 July 2019 -
Each time, the bank charged Mr. Einaudi a $35 overdraft fee.
— Emily Flitter, New York Times, 16 Aug. 2019 -
All told, overdraft fees are worth billions of dollars to banks each year.
— New York Times, 22 June 2021 -
This is not a flyer like Kizer or an overdraft like Manziel.
— Dan Labbe, cleveland.com, 14 May 2018 -
Process the payment, while charging the customer an overdraft fee.
— Rebekah L. Sanders, The Arizona Republic, 3 Dec. 2021 -
Nearly half of those with bank accounts had at least one overdraft.
— Jonathan Morduch, The Atlantic, 24 May 2017 -
The latter part of the rule sought to prevent lenders from forcing debtors into overdraft fees from their banks.
— Matt Ford, The New Republic, 27 Feb. 2023 -
In fact, overdraft fees aren’t an issue for most consumers.
— James Cooper, WSJ, 14 Dec. 2021 -
Banks had fought hard for years against any further crackdown on overdraft rules.
— Susan Tompor, Detroit Free Press, 3 June 2018 -
On builds on Dodd Frank’s Reg E which requires banks to get a user’s approval for overdraft fees.
— Tom Groenfeldt, Forbes, 5 May 2022 -
That's less than many overdraft fees at a bank or late payment fees from a credit card issuer.
— Star Tribune, 13 Mar. 2021 -
The fund also incurred $4,555 in overdraft fees due to Cronin’s thefts, according to the warrant.
— David Owens, courant.com, 12 Aug. 2019 -
Some of the unauthorized charges caused users' bank accounts to be overdrawn, spurring overdraft fees.
— Beth Mole, Ars Technica, 22 Sep. 2017 -
If your bank encourages you to allow overdraft fees, don’t do it.
— Alex Thomas Sadler, ajc, 29 June 2017 -
In these situations, you may be charged a hefty overdraft fee.
— Jennifer Yellin, CNN Underscored, 10 Sep. 2020 -
In some cases, this may cost more than late fees, overdraft fees, or credit card advances.
— Edward Segal, Forbes, 13 Sep. 2021 -
But that service results in the bank or credit union charging the customer an overdraft fee.
— Paul Gores, Milwaukee Journal Sentinel, 17 May 2018 -
The bureau found that the bank didn’t get customers’ consent before signing them up for the overdraft service.
— Ann Carrns, Star Tribune, 5 Sep. 2020 -
And while overdraft fees and NSF fees may have fallen in the last year, Americans are still getting dinged elsewhere.
— Megan Leonhardt, Fortune, 31 Aug. 2022 -
That's about how much large banks make on overdraft and related fees every year, according to the FDIC.
— Aj Willingham, CNN, 13 Oct. 2020 -
A few hundred bucks saved may help bypass credit card debt, payday lenders, rent-to-own stores and bank overdraft fees.
— charlotteobserver, 17 Jan. 2018 -
Chase bank agreed to refund some overdraft fees but would not refund the money, as the woman had willingly turned the gift cards over to the scammer.
— Erik S. Hanley, Milwaukee Journal Sentinel, 27 Mar. 2020 -
That means if your partner keeps rinsing the overdraft and refuses to clear it, you are expected to do so.
— Laura Whateley, refinery29.com, 9 Oct. 2020 -
Mobile tools can also promote good financial practices through reminders and alerts about account balances and bill due dates, which can help customers avoid overdraft and late fees.
— Bill Hardekopf, Forbes, 12 Sep. 2024 -
In the final months of the Biden administration, efforts from a half-dozen government agencies were meant to slash fees on credit card late payments, debit transactions and overdrafts, among other proposals.
— Hugh Son, CNBC, 27 Sep. 2024
Some of these examples are programmatically compiled from various online sources to illustrate current usage of the word 'overdraft.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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