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Jun 14, 2015 at 0:49 comment added briantist I agree. My bank has no transaction fee on the overdraft, but the maximum I can overdraw is $1,000 (this is as high as they go, it could be less if your credit isn't good). The interest starts right away and the rate is the same for everyone (no chance of getting a lower rate with better credit).
Jun 13, 2015 at 22:39 comment added keshlam Valid points. (And yes, "psy" was a typo for "pay"; spillchuck didn't catch it.)
Jun 13, 2015 at 21:13 history answered Ben Miller CC BY-SA 3.0