incur overdraft charges

USAGE SUMMARY

The phrase "incur overdraft charges" is correct and usable in written English.
You can use it when discussing bank fees that occur when an account balance goes below zero. Example: "If you don't keep track of your spending, you may incur overdraft charges on your account."

✓ Grammatically correct

News & Media

Wiki

Human-verified examples from authoritative sources

Exact Expressions

2 human-written examples

Now Ticketmaster has been forced to apologise for a mistake that is believed to have led to a number of those using debit cards to incur overdraft charges.

BBC

The agency said on Wednesday that it will begin collecting information to determine if banks are manipulating the system to goose fees and whether they are making it clear to customers how they can incur overdraft charges.

Huffington Post

Human-verified similar examples from authoritative sources

Similar Expressions

58 human-written examples

Some banks further increase their revenue by manipulating the order of a customer's transactions in a way that causes more of them to incur overdraft fees.

The New York Times

"It doesn't make sense to incur overdraft fees or take out payday loans when your workplace owes you money.

TechCrunch

"They don't want to incur overdrafts on everyday purchases".

The New York Times

A San Francisco federal judge certified a class action on behalf of Wells Fargo customers, who incurred overdraft fees because of high-to-low sequencing.

Huffington Post

Q I bank with Abbey and recently incurred three unauthorised overdraft charges.

The Guardian - Money

If you have incurred hefty unauthorised overdraft charges over the last six years and have yet to claim them back, don't be put off by last week's court case involving Lloyds TSB.

The Guardian - Business

"We will also help customers avoid unauthorised overdraft charges by requiring banks to text customers when they are at risk of incurring charges and give them a grace period in which to take action," said Smith.

The Guardian - Business

The banks have managed this feat by driving up overdraft charges to an average of $34 per incident, removing caps on the number of charges that may be incurred in one day and charging additional fees to accounts that remain overdrawn for several days.

The New York Times

And then there are overdraft charges.

The New York Times - Magazine

Expert writing Tips

Best practice

When discussing financial matters, use "incur overdraft charges" to clearly convey that an action led to the imposition of fees due to overdrawing an account.

Common error

Avoid using "accrue overdraft charges" when you mean a single instance of overdrawing. "Incur" implies a direct action leading to a charge, whereas "accrue" suggests a gradual accumulation.

Linguistic Context

The phrase "incur overdraft charges" functions as a verb phrase followed by a noun, describing the action of becoming subject to bank fees due to overdrawing an account. Ludwig confirms that this is a correct and usable expression.

Expression frequency: Common

Frequent in

News & Media

50%

Wiki

25%

Formal & Business

25%

Less common in

Science

0%

Encyclopedias

0%

Social Media

0%

Ludwig's WRAP-UP

The phrase "incur overdraft charges" is a grammatically correct and commonly used expression to describe becoming liable for bank fees due to overdrawing an account. Ludwig AI confirms its validity, and its frequent appearance in news and media outlets underscores its relevance in financial discussions. Alternative phrases like "face overdraft fees" or "be subject to overdraft fees" can be used for variety. To avoid "incurring overdraft charges", monitor your account balance and consider overdraft protection options.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

face overdraft fees

Replaces "incur" with "face", focusing on the experience of the fees rather than the action of causing them.

sustain overdraft penalties

Uses "sustain" and "penalties" to emphasize the negative consequences of overdrawing.

be subject to overdraft fees

Replaces "incur" with "be subject to", indicating a possibility or inevitability.

get hit with overdraft charges

Uses a more informal and direct tone to describe receiving overdraft fees.

trigger overdraft fees

Focuses on the action that causes overdraft fees to be applied.

become liable for overdraft fees

Emphasizes the responsibility of the account holder to pay the fees.

owe overdraft fees

Focuses on the debt created by the overdraft.

generate overdraft charges

Highlights the bank's perspective, focusing on how overdrafts create revenue.

accrue overdraft fees

Indicates a gradual accumulation of overdraft fees over time.

be charged overdraft fees

Focuses on the bank's action of applying the fees to the account.

FAQs

What does it mean to "incur overdraft charges"?

To "incur overdraft charges" means to become liable for fees applied by a bank when your account balance goes below zero due to a transaction.

How can I avoid "incurring overdraft charges"?

To avoid "incurring overdraft charges", monitor your account balance regularly, set up low balance alerts, and consider overdraft protection services offered by your bank.

What are some alternatives to saying "incur overdraft charges"?

You can use alternatives like "face overdraft fees", "be subject to overdraft fees", or "sustain overdraft penalties".

Is there a difference between "incurring overdraft charges" and "being charged overdraft fees"?

"Incurring overdraft charges" emphasizes your action that led to the fee, while "being charged overdraft fees" focuses on the bank's action of applying the fee. Both phrases are generally interchangeable.