OVERDRAFT* Charge (What It Is + Is It Legit?)

When your bank assesses a fee for spending beyond your available balance, the charge is processed internally through the bank's own fee assessment system rather than through a third-party merchant, which is why it shows up as the abbreviated descriptor OVERDRAFT* rather than a more descriptive label like "Overdraft Fee." The asterisk following the descriptor is a common formatting convention used by core banking platforms to flag automatically generated penalty charges, distinguishing them from standard point-of-sale transactions. Because this is a direct bank-imposed fee rather than a retail purchase, the descriptor is generated by the bank's internal ledger system and kept intentionally brief to fit within standard transaction field character limits.

This charge has been flagged as suspicious. If you did not authorize this charge, contact your bank immediately and file a dispute.

Frequently Asked Questions