I returned something back onto my debit card, but it did not post today, I have been spending money today, and I am in the negative, when realistically, there is plenty in there, it just needs to post. Are they going to charge me for overdraft, when its actually in there?
2006-11-16 15:17:42 · 11 answers · asked by Anonymous in Business & Finance ➔ Credit
Why not just pay for something with cash and you don't have to worry about whether something posts or not?
2006-11-17 02:49:57 · answer #1 · answered by Thundercat 7 · 0⤊ 0⤋
It depends on whether your bank has it and is waiting to post at the end of the day, or it has not hit your bank yet. If your account was in the negative, I doubt that you would be able to do debit card transactions, so it sounds like you may not have anything to worry about. The bottom line, however, is whatever your bank's written policy/cardholder agreement says about debits and credits and posting, etc. If they charge you overdraft fees and you feel it is wrong, you can always talk to someone and request them to waive the fees this time.
2006-11-16 23:26:36 · answer #2 · answered by Steve-o-58 3 · 0⤊ 0⤋
That has happened to me before. Yes they will charge you for NSF and take about 25 for each purchase that you were in the negative. Luckily I only had 3 show up as NSF and I talked them into taking off two. If you dont have a history of NSF they will remove some to try and keep your business. But if you made a lot of purchashes they will not credit that back. I no longer bank with the company that, I feel screwed me over. But with my new bank I setup overdraft protection so if something like that happens again I wont get killed with the charges. Maybe you should think about switching banks or setting up some protection for youself. Good luck.
2006-11-16 23:42:59 · answer #3 · answered by Robbyz3 2 · 0⤊ 0⤋
You should contact your bank for clarification.
I believe you have not been "robbed" if you were the one using the debit card. If someone else got a hold of it and used it than that is a different case.
They will be able to tell you which transactions have posted to your account.
If you have access to your account on line you should check it on a regular basis to ensure you have enough money. Or try calling the toll-free number. Or go inside the bank and speak with a representative in person.
Hope this helps.
God Bless....
2006-11-16 23:24:50 · answer #4 · answered by ye 4 · 0⤊ 0⤋
I think it depends on your bank, but usually if you return something you should wait atleast a day for it to post to your account. At the end of the day the place that you returned your item will close all their credit/debit card transactions. Then at midnight all transactions should be cleared. So if you returned it today then really the money isnt going to get deposited back into your account until the next day.
2006-11-16 23:24:59 · answer #5 · answered by Anonymous · 0⤊ 0⤋
It really just depends on your back but mostly YES. Unfortuantely what they will say is that the money wasn't transferedd until after you spent it. Pretty they are saying, Hey we can rip you off becasue you have to live check to check and that is how we make all our money haha. Banks suck. My bank is okay, they are a little nicer on that, the hwole when to get a late fee no late fee. US BANK!
2006-11-16 23:24:43 · answer #6 · answered by nle424 2 · 0⤊ 0⤋
As long as the date on when you returned you'r "thing"is before you started spending,you should be fine.They'll do the catchin up.And if you notice that they didn't catch it you just save you'r reciept and prove it to them.Good luck!
2006-11-16 23:25:42 · answer #7 · answered by oregoncheeto 3 · 0⤊ 0⤋
Use your receipt for your return and appeal to your bank.
2006-11-17 00:13:41 · answer #8 · answered by anirbas 4 · 0⤊ 0⤋
yeah they most likely will.......... bummer. Hope that money gets there before that other stuff drops off..... OUCH
2006-11-16 23:23:47 · answer #9 · answered by Anonymous · 0⤊ 0⤋
They may. Call them tomorrow.
2006-11-16 23:25:28 · answer #10 · answered by Joe S 6 · 0⤊ 0⤋