Monthly bills
See what an overdraft fee you type does to a balance
The fee comes off the balance you type.
- Calculated from what you enter
- About 2 minutes
- Easy
The short version
- For someone who already has the numbers in hand.
- Subtract an overdraft fee you type from a balance you type.
- It is not a decision about what you should buy, sign, or qualify for.
The moment
You type the balance and the fee printed for an overdraft. The page subtracts the fee.
After this, you can see what an overdraft fee you type does to a balance.
Your guess first
These numbers are an illustration, not a store price. Balance 40.00; Overdraft fee 35.00.
The turn
The first illustration comes out to $5.00. What remains after the second number. A second illustration comes out to $22.00. The second number is larger.
Why the number hides
The fee is a separate line from the purchase that caused it. The balance after the fee is the number that matters next.
Now run your own numbers
Do this next
- Type the starting amount.
- Type what comes off.
- Read what is left.
- If it says short, the second number is larger.
- Retype a digit you are unsure about.
Who this will not work for
- A legal opinion about the fee.
- Every fee the bank might add later.
- A balance you did not type.
A pitfall
This does not say the fee is allowed. It is not legal advice. It subtracts.
How this was calculated
Left equals the balance minus the fee. If the fee is larger, the page says how short the balance is.
This is arithmetic on the numbers you type. It doesn't check store prices.