An overdraft item fee is charged when you write a check or make a withdrawal for an amount that exceeds the balance in your eligible checking or savings account and Bank of America pays the overdraft item anyway.
When we determine that your account is overdrawn after we finish processing for the day, and we pay for the transaction or transactions, we may charge an overdraft item fee of $35 per item over $1.
Consumer accounts can be charged a maximum of 4 overdraft item fees and returned item fees in a single day. Small business accounts can be charged no more than 8 overdraft item and returned item fees per day (additional information on small business checking fees can be found on our Fees At A Glance page).
We do not charge you an overdraft item fee on an everyday non-recurring debit transaction. We also do not charge an overdraft item fee on an ATM transaction unless you agreed to our overdraft practices for that particular ATM transaction.
Although Bank of America is not obligated to pay an item if your account is overdrawn, the bank may pay these items as a courtesy to you. If you are charged an overdraft item fee, you can view the details in your Online Banking transaction record. View our checking accounts page for additional fee details.