Question

Overdraft fees are incurred when you...


spend more money than what you have in your bank account.


transfer money from your account to another account at a different bank.


use an ATM that is not in your bank’s network.


withdraw or transfer money from your savings account more than six times per month.

Answers

GPT-4o mini
Overdraft fees are incurred when you **spend more money than what you have in your bank account**. This occurs when you attempt to make a purchase or withdraw funds that exceed your available balance, prompting your bank to cover the difference, often for a fee.

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