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An overdraft occurs when you write a check or initiate a debit card purchase and your account doesn?t have enough money to cover the transaction. The bank will cover the difference to process the transaction and charge an overdraft fee. The average overdraft fee is $35. Banks charge this fee because of the revenue it generates. According to the Consumer Financial Protection Bureau ...
https://www.gobankingrates.com/banking/checking-account/how-to-avoid-overdraft-fees/
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