Overdraft Protection: Be careful what you sign up for!

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Understand what overdraft protection means before you sign up for it.

The views expressed in the video are my own. They may not be appropriate for your situation so use discretion before following any advice.

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You are the only one who explained this to where I could understand. Other videos were so confusing. Thank You for giving a clear explanation.

cheybaby
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At my bank, If I deposit money to cover the overdraft by 11PM … there is no fee. So I just transfer some cash from my Roth IRA. My broker makes the transfer same day with no fee. If the transfer only touches the cost basis, there is no tax and penalty. I can also put the money back in if I do it within 60 days so I just cover the IRA transfer after my next check.

Sovnarkom
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Thanks for your videos, they help a lot. I have a question; is it possible to make an Islamic bank which is 100% interests free and earn some money?

fred
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Why you are shying away from saying clearly that it's Riba?

MutiBari
welcome to shbcf.ru