What is an overdraft protection?

This is a bank feature wherein the funds are linked to another account so that in cases where the depositor’s balance reaches below zero, the other account will be able to cover up the negative. That way, you will avoid bouncing your checks and incurring more expensive fees. If overdrafts become excessive, your account may be closed and may affect your credit scores. Consequently, intentionally writing checks with insufficient funds is considered check fraud and is a serous crime.