(5 Reasons) Why Wells Fargo won't let me overdraft anymore

Are you not able to overdraft from your Wells Fargo bank account?

If you are having issues overdrafting money from your Wells Fargo account, you have landed in the right place.

Here we have explained all the reasons why Wells Fargo won’t let you overdraft.

Table of Contents

Why Wells Fargo won’t let me overdraft anymore

Wells Fargo overdraft may not work for you because of several reasons such as you do not meet the overdraft eligibility requirements, you haven’t set up the overdraft feature, you haven’t repaid previous overdraft on time, or there is a technical issue or server issue with Wells Fargo.

1. You haven’t opted over overdraft

The first reason why you aren’t able to overdraft your Wells Fargo account is that you haven’t opted for it.

To Set up Overdraft Protection by signing on to the Wells Fargo Credit Card Service Center and selecting Overdraft Protection, calling a Phone Banker at 1-800-869-3557, or talking to a Banker at any Wells Fargo banking location.

2. You might not be eligible for overdraft

There are certain conditions and requirements that you need to fulfill before you can overdraft your Wells Fargo bank account.

According to Wells Fargo:

Not available for certain accounts, such as Clear Access Banking accounts, Teen Checking accounts, or savings accounts.

Debit Card Overdraft Service is a discretionary service that may be removed by the bank for a variety of reasons including excessive overdrafts or returned items, as determined by the Bank.

3. You haven’t repaid previous overdraft on time

Another reason Wells Fargo isn’t allowing you to use the overdraft feature could be that you haven’t paid the previous overdraft on time.

So, make sure to repay the overdraft money on time to avoid any fees and ability to further overdraft.

4. You are over drafting too frequently

Another potential reason why you can’t overdraft on Wells Fargo might be that you are using the overdraft feature too frequently.

Wells Fargo might block your access to further overdraft due to frequent overdrawing the account.

We don’t know what count would be too frequent to overdraft on Wells Fargo, but yes, it could be one of the reasons why you are not able to use overdraft on Wells Fargo

In this case, you can wait for a few days or weeks to overdraft your Wells Fargo account again.

5. Server or technical issue

Lastly, the overdraft may also not work if the server of the Wells Fargo are having a tough time or there is some other ongoing technical issue.

That being said, you can check the server status of Wells Fargo online for free.

Visit the downdetector page for Wells Fargo and there have a look at the comments of the users and number of reports.

If the reports are significant, it is a sure indication the Wells Fargo servers are having issues.

If the servers are having issues, your overdraft might not work.

Final Words

Wells Fargo is one of the largest banks in America. It has over 8,050 branches and 13,000 ATMs.

It offers robust features and financial services to the users such savings account, checking account, credit card, and Certificates of deposit.

Not only that, but it also allows users to overdraft their account, but sometimes the overdraft won’t work for you, which can be due to several reasons such as what we have discussed today in this post.

So, that’s all for now, folks. We hope after reading this post, you were able to know why you were not able to overdraft from Wells Fargo.

For more post, you can visit our Wells Fargo section or follow a few related posts below.

(5 Reasons) Why Wells Fargo won’t let me overdraft anymore