There is a law going into effect July 2010 which requires banks to ask you whether you want to be in the overdraft program. If you decide not to be in it, your

There is a law going into effect July 2010 which requires banks to ask you whether you want to be in the overdraft program. If you decide not to be in it, your debit card will simply be denied at the point of sale. If you elect to be in it, you will be allowed to overdraft your account, but will be charged a fee like now. http://money.cnn.com/2009/11/12/news/economy/overdraft_fees/index.htm?cnn=yes http://money.cnn.com/2009/11/12/news/economy/overdraft_fees/...