That's good that it's default to decline. It wasn't always that way. In fact, overdraft protection used to be the mandatory and only option. The reason that yo

That's good that it's default to decline. It wasn't always that way. In fact, overdraft protection used to be the mandatory and only option. The reason that you have an option is actually not because of Chase's goodwill, but due to an Obama-era law that requires banks allow end users to turn off overdraft protection: https://www.cbsnews.com/news/obama-signs-sweeping-financial-reform-into-law/ https://www.cbsnews.com/news/obama-signs-sweeping-financial-... There are some unfortunate and annoying loopholes. In particular, if you have a recurring, subscription based fee (instead of a typical debit card transaction) they can and still will charge you overdraft fees for that.