Overdraft Fee Calculator
Tally overdraft and NSF fees from your overdraft events, and compare pay-per-use costs against overdraft protection plans.
Fees per year (pay-per-use)
$840.00
Breakdown
- Fees per month (pay-per-use)
- $70.00
- Protection plan per month
- $24.00
- Protection plan per year
- $288.00
- Protection saves per year
- $552.00
- Overdraft + NSF events per year
- 24
- APR equivalent (on a 100 shortfall)
- 4,258
- Fee per day overdrawn
- 11.67
Last updated:
FAQ
How expensive is an overdraft really?
A 35 fee for borrowing 100 for three days works out to an APR above 4,000%. Even payday lenders rarely charge that rate — the small numbers hide the cost because the term is so short.
Is overdraft protection worth it?
If you overdraft more than once a month, usually yes — a 12 transfer fee from savings beats a 35 penalty. If events are rare, pay-per-use wins. The calculator shows the break-even for your exact pattern.
How can I avoid overdrafts entirely?
Ask your bank for low-balance alerts, opt out of debit-card overdraft coverage (cards then simply decline instead of feeing), and keep a small buffer you treat as zero. Declining a 4 coffee is free; overdrafting for it is not.
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