Which type of bank account allows checks to be written for a larger amount than is currently in the account?

An overdraft checking account is specifically designed to allow account holders to write checks or make withdrawals for more than the available balance in their account, up to a certain limit. This type of account provides a safety net for individuals who may occasionally need to cover transactions that exceed their current funds.

When a check is written for an amount that surpasses the available balance, the overdraft option enables the bank to cover the difference, ensuring that the payment processes successfully. This feature can be particularly useful for managing cash flow and avoiding bounced checks or declined transactions.

In contrast, the other account types listed do not offer this facility. A cryptocurrency account primarily deals with digital currencies and does not function like traditional checking accounts. A no-fee account typically refers to a checking account that does not charge monthly maintenance fees but does not inherently provide overdraft protection. Lastly, a savings account is designed for saving money and does not support writing checks or facilitating overdrafts in the same manner as a checking account. Thus, the correct choice reflects the unique characteristic of the overdraft checking account that distinguishes it within the context of banking services.