Question: How Much Will Your Bank Let You Overdraft?

The actual limit of your overdraft: this depends on your bank and yourself!

If your salary is rather high, your bank could allow you to overdraft up to $1,000.

Usually, it won’t be less than $100.

The number of transactions you are going to pay for when you overdraft: this just depends on your bank.

How can I find out my overdraft limit?

You can view your overdraft limit for your current account on your Online Banking service.

  • Log in to Online Banking at
  • Select the current account you would like to see the overdraft limit for.
  • The overdraft limit for that account will be displayed above your list of most recent transactions.

Can you go to jail for overdrafting your bank account?

No, you don’t get sent to jail for overdrafting. That would be barbaric. You’re in the hole and you’ll have to eventually cover the overdraft. Paypal and/or your bank might charge you fees, which is an unfortunate consequence of overdrafting.

How much will Citizens Bank let me overdraft?

An Overdraft Line of Credit can be linked to most Citizens Bank personal checking accounts. Ask your banker for eligible accounts. How much does it cost to have an Overdraft Line of Credit? There is a $30 Annual Fee plus a $12 Transfer Fee per day for each day a transfer(s) occurs.

Can you overdraft if you have no money?

If you try to use your debit card when there is not enough money in your account to cover the transaction and your account does not allow overdrawing, the transaction will be declined. No fee is charged. If your account allows overdrawing, you can be charged a fee, like with a check.