With Bank of America in particular. Will it give you the money and say you overdrafted, or just refuse the funds?
2006-09-21 09:47:57 · 14 answers · asked by girlinthesun8 2 in Business & Finance ➔ Personal Finance
Debit cards from your checking account do not work like credit cards. Debit cards will only release what money you have available in your checking account usually in $20 denominations. If you do not have $20 available, the amount you try to get will be denied. I do not believe there will charge a service charge if you try and are denied, but that is up to each particular banks policy. You can only get what is available in your account by using a check if you have less than what the ATM will issue.
2006-09-21 10:19:04 · answer #1 · answered by son-shine 4 · 0⤊ 0⤋
No. That is why the ATM is a safer way to not get yourself in trouble. Its kind of like going back to the old cash method. You can't end up spending what you don't have. Therefore, if you only have $10 in there and want to withdraw $20 (these days ATMs only carry $20 bills so you cannot take any smaller denomination) it won't let you. Now if you had a Visa check card (with a visa logo on it) and you swiped it at a store without typing in your pin number for more than what you had, then yes you will definetely go negative and get charged a fee.
2006-09-21 12:49:07 · answer #2 · answered by Ellen 1 · 0⤊ 0⤋
Maybe your landlord tried to cash the $600 check before you put the whole $1258.10 deposit was made, and you didn't have enough in your account to cover that. THis is the only thing I can think of. Go to your bank and talk to them. THe same thing happened to me....I had almost $200 in overdraft fees because I thought I was covered but they kept adding o/d fees everyday for 2 weeks :(
2016-03-17 23:42:03 · answer #3 · answered by Frank 3 · 0⤊ 0⤋
Most of the time just refuse the funds
Example: if you have $4 in your account and try to take out 20 and it won't let you, most banks won't charge you a fee. If you are -$4 and try to take out funds I am sure the bank has already charged your for being in the hole!
2006-09-21 09:49:43 · answer #4 · answered by sooners83 4 · 0⤊ 0⤋
You cannot withdraw money from the ATM if there is not money in the account. However, you can use your credit card on your ATM card as long as you have any money in the bank. Then you have two days to put the money in the account without being charged overdraft fees.
2006-09-21 09:51:52 · answer #5 · answered by Jeni_Li 2 · 0⤊ 2⤋
you bank will not release the funds. You must have the amount plus the fee's the atm will charge you also to withdraw money.
2006-09-21 09:56:37 · answer #6 · answered by r_rvaldez 2 · 0⤊ 0⤋
if you have overdraft protection, yes it will allow you to get money out of ATM, to the limit overdraft is set up for.Sorry guys!
2006-09-22 00:39:41 · answer #7 · answered by kitty_kat4602000 5 · 0⤊ 0⤋
That's wrong
2016-08-08 15:34:29 · answer #8 · answered by ? 4 · 0⤊ 0⤋
I've always been refused when there wasn't enough money.
2006-09-21 10:26:35 · answer #9 · answered by pag2809 5 · 0⤊ 0⤋
it won;t let you. you'll either have to make the amount smaller or write a check and cash it somewhere.
2006-09-21 09:49:49 · answer #10 · answered by Anonymous · 0⤊ 0⤋