What action can a consumer take regarding overdraft protection at any time?

A consumer has the right to revoke their consent for overdraft protection at any time. Overdraft protection is often an opt-in service, meaning that consumers need to give their explicit consent for their bank to cover transactions that exceed their account balance. If a consumer no longer wants this protection—perhaps due to changes in financial circumstances or preferences—they can revoke their consent, which will typically stop any overdraft fees associated with that service on future transactions.

While opting out of protection can be seen as similar, it generally refers to the initial consent process rather than an ongoing ability to revoke consent anytime. The ability to request a higher limit or change the bank are functional actions that involve processes beyond simply revoking an existing service as they pertain to account management rather than consent directly. Thus, the focus on the consumer's ability to revoke consent clearly aligns with their rights under regulations governing overdraft protection.