Mar 10, 2019

Read the Fine Print: Overdraft Protection

What do financial institutions like to hide in the fine print?  If they keep "hiding the ball" there we better teach our students to "read the fine print!"

Here are a few leading banks and the "footnotes" (small print and bottom of page) that you can find on their Overdraft Protection pages:

Bank #1 [click to go to source]:

Bank #2 [click to go to source]


  • Click on one of the bank links above and analyze the overdraft services provided by the bank. Identify pros/cons of each of their overdraft options offered.
  • Point out the key words used to market their services and persuade accountholders to sign up. 
  • What does overdraft protection services protect you from? At what cost? 
  • Which overdraft service would you enroll in? Why? 


Fine Prints help your students become critical thinkers by having them analyze common disclosures for checking accounts, credit cards and a mutual fund fact sheet







About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.

Mail Icon

Subscribe to the blog

Join the more than 11,000 teachers who get the NGPF daily blog delivered to their inbox: