As hard as you try to keep your bank account cushioned and full, sometimes, overdrafting is inevitable. It can be difficult to remember to balance your checkbook or write down the extra expenses you had over the weekend, so when a bill is paid automatically or you write that check at the end of the month when your account is low, overdrafts happen.

Fortunately, many banks offer special overdraft security, but avoiding an overdraft can save you the headache altogether.

• Stay aware of holds. A lot of retailers often place ‘holds’ on the funds, and, they funds don’t actually come out right away. Be sure that when paying with a debit card, you use your pin so that it is considered a debit transaction.
• Know your bank’s policy. Some banks will allow you a few overdrafts without being penalized, while others will utilize your savings as a backup, which will protect you from any fees. Knowing your bank’s policy will ensure that you won’t be surprised with a negative balance.
• Sign up for notifications. With the popularity of online banking, many banks are now providing text or email options for alerts, like when your balance is getting low. These alerts can save you from getting close to an overdraft, because you’ll have an opportunity to deposit or transfer money before it’s too late.

Overdraft fees happen and if it isn’t a regular occurrence, most banks are willing to work with you on reversing the fees. Understanding your policy and doing what you can to avoid them can make your banking experience a little better.