Chase will charge you a fee of $34 each time you overdraw your account by more than $5. And once your account is overdrawn by that much, making additional purchases will result in more overdraft fees: $34 each time, no matter how small the transaction is. You can be charged a maximum of 3 Chase overdraft fees per day. But those fees will be refunded if your account balance is overdrawn by $5 or less at the end of the business day on which the overdraft occurs. However, if your account is overdrawn for 5 consecutive business days, even by $5 or less, a $15 “extended overdraft fee” will be assessed.
Academy Bank authorizes and pays overdrafts for the following types of transactions based on the length of time your account has been open: (1) checks and other transactions made using your checking account number such as ACH direct debits and (2) automatic bill payments. The bank will not authorize and pay overdraft for the following types of transactions unless you ask to: (1) ATM transactions and (2) everyday debit card transactions. If you want Academy Bank to authorize and pay overdrafts on everyday debit card and ATM transactions, log into your account through Online Banking, click the "Reg E Overdraft Opt In" button. For every overdraft item the bank will charge a $25 fee. The maximum fee the bank will charge per day is $125.… read full answer
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