How To Avoid Overnight Fee
“overnight fees”—often charged in banking or trading when positions or loans are held overnight. Here’s how to avoid those fees depending on the context:
How to Avoid Overnight Fees
1. In Banking (Overdraft or Maintenance Fees)
- Keep your account balance above minimum requirements overnight
- Set up automatic transfers to cover low balances before fees apply
2. In Trading (Forex, CFDs, Margin Accounts)
- Close your positions before the market closes each day to avoid rollover/overnight fees (also called swap fees)
- Check your broker’s policies on overnight charges and trading hours
- Use accounts or brokers that offer no swap/overnight fee trading options if you plan to hold positions longer
3. In Loans or Credit Cards
- Pay off your balance in full before the due date to avoid interest charges accumulating overnight
- Use autopay to avoid late payments
Quick Tips Summary
| Context | How to Avoid Overnight Fees |
|---|---|
| Banking | Maintain required balance, auto-transfer |
| Trading | Close positions daily or use no-swap accounts |
| Loans/Credit | Pay balances in full and on time |