One more thing to take into account is overdraft costs. In the event that you withdraw funds from your money once you donвЂ™t have hardly any money in your account, the lender will ask you for a fee. The charge continues to accumulate the greater days pass that you donвЂ™t spend the charge. In the event that you donвЂ™t pay the charges for 60 times, numerous banking institutions will shut your account down and report one to among the previously listed consumer reporting agencies. These records will get straight down using the agency and might very possible stop you from opening another account at a bank that is different.