Which of the following could be the most expensive way of protecting yourself from fees should you overdraft your checking account?
A)An automatic funds transfer agreement
B)An automatic overdraft loan agreement
C)Opt-in overdraft/bounce protection
D)Paying the overdraft/bounced check fee

Question

Quizplus · Accepted Answer

Opt-in overdraft/bounce protection services can be the most expensive option because they often involve high fees each time you overdraw your account, in addition to any fees charged by merchants for bounced checks.

Which of the Following Could Be the Most Expensive Way