I didn’t time a transfer correctly and it cost me five dollars. Thinking a couple of checks wouldn’t be withdrawn from my Wachovia checking account until today, I scheduled a transfer in from an ING Direct savings account for yesterday to cover the funds. It looks like the checks withdrew yesterday but the deposit didn’t clear until today, so my overdraft protection kicked in. That “service” carries a $5 fee.
I should build a cushion into my checking account rather than play it so close to the line.