shiawoody
contestada

Which one of these statements about overdraft protection is TRUE? *
If you have overdraft protection, it's completely unnecessary to make and follow a budget
You are required by law to sign up for overdraft protection in order to protect your bank
The average overdraft fee is over $25
You only get charged an overdraft fee once per month, so it doesn't matter how much you go over your account or how many times you overdraw it

Respuesta :

Answer:

The average overdraft fee is over $25

Explanation:

Overdraft protection is a bank service that ensures check, ATM, and debit card transactions are covered even if there insufficient funds in a checking account at a fee. The fee charged for overdraft protection is much less compared to the overdraft fee.

The overdraft fee is one of the most expensive bank charges. In 2019, the average overdraft fee amounted to $33.36 in the U.S. This figure is above $25.