I used my debit card to purchase gas. I thought that my bank wouldn’t authorize transactions if I didn’t have sufficient funds in my account but they did and I incurred a fee. What can I do to avoid overdraft fees?

The bank must have your affirmative consent or agreement to assess an overdraft fee for a one-time debit card transaction. If you had affirmatively consented or agreed to the fee and wish to revoke that consent, you can revoke your consent at any time.

Your decision to revoke your consent does not require that the bank waive or reverse any overdraft fees already assessed on your account but it will prevent any future fees for one-time debit card transaction overdrafts.

February 2011