I overdrew my account by only one penny yet was charged the full overdraft fee. What can I do about this?
Some banks and credit unions will let you overdraft your account by a small amount without a fee, so check with your bank or credit union to determine its policy.
Try to avoid overdrafts even if your bank or credit union currently allows small overdrafts without a fee.
The CFPB is currently looking closely at overdraft practices and collecting information about them. If you have an experience you would like to share with us, we’d like to hear from you.