2006-07-03 05:31:21 · 10 answers · asked by Dhillon S 2 in Business & Finance ➔ Credit
you can't go over your balance unless you have overdraft on your account
then there is a charge if you go below your balance and go into overdraft
2006-07-03 14:29:28 · answer #1 · answered by Anonymous · 0⤊ 0⤋
You can't go "over limit" on a debit card. You can only withdraw what's actually in your bank account, and it should not let you take out more money than is there, unless you have a feature on your account that gives you overdraft coverage. There is a fee for that.
2006-07-03 05:34:41 · answer #2 · answered by MOM KNOWS EVERYTHING 7 · 0⤊ 0⤋
Yes, the same fees as a bounced check apply to over limit from a debit card.
2006-07-03 05:34:28 · answer #3 · answered by rachellynn200 5 · 0⤊ 0⤋
You bet we do. There is a misconception that if a debit card is accepted by a retailer, it's a guarantee the funds are available, which is not true. Not everything is in "real time". Therefore, if you overdraw your account with a debit card, it is the same as bouncing a check. We will charge you and so will the retailer.
2006-07-09 06:37:30 · answer #4 · answered by ginabgood1 5 · 0⤊ 0⤋
If you go over what you have in your account, you'll be charged an overdraft fee.
Some prepaid debit cards will not allow you to go over your balance. When you try to use the card, but don't have enough money, they'll decline the transaction.
2006-07-04 02:47:28 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Yes, just like a bounced check fee. Fees can be a big income source for banks.
2006-07-03 05:34:04 · answer #6 · answered by Anonymous 7 · 0⤊ 0⤋
Navy federal does
2006-07-03 05:34:45 · answer #7 · answered by Anonymous · 0⤊ 0⤋
banks charge for the air that you breathe
2006-07-03 05:34:31 · answer #8 · answered by dumplingmuffin 7 · 0⤊ 0⤋
in some cases yes
2006-07-03 05:35:41 · answer #9 · answered by Anonymous · 0⤊ 0⤋
yes they do, you will have to call your bank to see what this chaarge is.
2006-07-03 05:35:51 · answer #10 · answered by Anonymous · 0⤊ 0⤋