"The cynic in my wants to think that it's so people who don't pay attention to their finances are more likely to overdraw/double-spend the money" The cynic in

"The cynic in my wants to think that it's so people who don't pay attention to their finances are more likely to overdraw/double-spend the money" The cynic in you is right. There have been numerous lawsuits that have won against banks for structuring the movement of money so that it is the most likely to incur overdraft fees, which are a $1 billion money maker just for the top three... Bankers are more the enemy of the people than terrorists.