Question

Which is true of overdraft protection (ODP)? It ensures that your checks will not bounce. It is required by law for most accounts. It is usually available free for most accounts. It requires funds to be available from a linked account.

Answer 1

Answer: There are two answers that are true to overdraft protection. It is usually available free for most account holders, and it ensures that your check won't bounce.

Explanation:

When a person signs up for ODP, they're given a set of rules and guidelines. Most banks have a certain amount that they will allow to be overdrafted and there are usual fees for each overdraft. Most banks will charge up to 35$ for each overdraft. The account holder will have a certain amount of time to return the money to cover the check.