In reply to mindsnapper.

So the person that freely enters into this agreement is being preyed upon? Someone held a gun to their head and threatened them until they signed the papers and then forced them [again at gun point] to overdraw their account?

The article indicates: "overdraft is $15 an instance but only if customers don’t repay it in 24 hours. In addition, there is no fee if the customer overdrafts their account by $10 or less. According to NetSpend’s internal figures, opt-in cardholders don’t pay fees for approximately 60 percent of overdraft transactions. Additionally, 12 percent of customers never pay a fee for overdraft."

So, the overdraft option is an "opt in" feature, not a hidden "gotcha" and sounds like they are actively supporting there customers, not being predatory...