> I've always wondered why they're not more widespread Historically, it's a major source of revenue for banks[1]. I used to use BOA, when I switched to a local

> I've always wondered why they're not more widespread Historically, it's a major source of revenue for banks[1]. I used to use BOA, when I switched to a local credit union they at least offered me the choice of "overdraft protection," which obviously I declined. Fortunately, overdraft fees appear to be growing less profitable[2], so hopefully banks will phase them out. [1] https://www.consumerfinance.gov/about-us/newsroom/cfpb-research-shows-banks-deep-dependence-on-overdraft-fees/ https://www.consumerfinance.gov/about-us/newsroom/cfpb-resea... [2] https://www.consumerfinance.gov/data-research/research-reports/banks-overdraft-nsf-fee-revenue-declines-significantly-compared-to-pre-pandemic-levels/ https://www.consumerfinance.gov/data-research/research-repor...