Savings Accounts and Overdraft Protection

When I wrote a few days ago about overdraft protection, I received this interesting comment from James (capitalcouplesfinance.com):
Overdraft protection can be worth it…but not if it’s tied to a line of credit. I don’t know if all banks are like this, but mine allows you to tie it to another account that you hold there, such as your savings account. Then you only get hit with the transaction fee. No annual. No interest.
I thought this was interesting, and asked my bank about it, only to find that it is not a possibility. The “customer service manager” told me that the …read more