AARP Eye Center
According to the Huffington Post's article by Adam Rose
"The era of the $35 cup of coffee has come to an end, for most. Unless a consumer chooses to opt-in for overdraft protection, their ATM and debit purchases will be declined if an account has insufficient funds. Prior to Sunday, banks could automatically enroll their customers in the service, which covers the point-of-sale transaction but can result in steep penalties. Shoppers at the counter might turn red with embarrassment when their purchase is refused, but the alternative is for their account to go further into the red -- with fees up to $35 for each swipe of the card."
Overdraft fees are a lucrative source of revenue for banks of all sizes - if customers don't have overdraft protection then the banks don't collect, ultimately saving you money.
Take a look at the Huffington Post article on Overdraft Protection and if you are not part of the 26% of people who plan to opt-in for the protection then you should check out some of the helpful tips for avoiding the nasty fee!