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Question
on january 5th your account was charged $350.00 for an overdraft fee. why did that happen?
a it was time for the monthly fee you pay to maintain your account.
b you spent more than what was in your account.
please select one of these options.
c you went over the limit of transactions per month.
d you wrote three checks that month and you have to pay a $10 fee for each one.
An overdraft fee occurs when a person spends more money than what is available in their account. This is a common banking concept where the bank charges a fee for covering the negative balance.
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B. You spent more than what was in your account.