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 15:19:58 · 8 answers · asked by Anonymous in Politics & Government ➔ Law & Ethics
*** hard to say...the return may backdate and it'll clear the overdraft up for u. i'd talk to your bank if that's not the case...we can be pretty reasonable.
2006-11-16 15:25:09 · answer #1 · answered by meme 5 · 0⤊ 0⤋
The bank will tell you that funds deposited may not be available for immediate withdrawl.
And returning something to the store means that it will not post until the registers post, and the deposits are made.
What do I mean?
If it is a "chain" store, they have computerized registers, and none of the debit or charge transactions post until the end of the day, and the registers "post" their sales into the company's main computer system. Example: Target's registers in their stores that are not 24 hours post around midnight. That means that nothing will be sent to the bank until the following day. So your bank won't even know about the return to your card until the following business day.
More than likely, your bank will not charge you for the "overdrafts", but if you are concerned, contact your bank.
2006-11-16 23:30:52 · answer #2 · answered by volleyballchick (cowards block) 7 · 0⤊ 0⤋
My wife, she works at a bank, she said dont worry, and that this happens all the time, it is usually a matter of whether or not the bank likes you or not, they can remove any overdraft charge, and in fact just be reaalll polite, and call then as ap, this helps, they see you are responsiible and a good person, a big thing in most banks, some, well dont care,hopefully this isnt your case, Like i said just call asap, explain politely, please and thank you, mam sir, It will get you a long way...Best of luck!
2006-11-16 23:30:36 · answer #3 · answered by dykzeulb 2 · 1⤊ 0⤋
Banks aren't all that reasonable...you have to provide a mountain of evidence...they are corporations after all, and your mistake doesn't constitute an emergency on their part.
2006-11-16 23:26:44 · answer #4 · answered by powhound 7 · 0⤊ 0⤋
probably, because there is a longer time delay for credits rather than debits.
2006-11-16 23:24:17 · answer #5 · answered by happy g 2 · 0⤊ 0⤋
Yep, but you can always file a complaint or threaten to close your account.
2006-11-16 23:29:56 · answer #6 · answered by Anonymous · 0⤊ 0⤋
debit cards, credit cards they are all scams no matter what,...... your best bet is to just deal in cash!
2006-11-16 23:40:57 · answer #7 · answered by tingler 2 · 0⤊ 0⤋
talk to the card company ASAP, this has happened to me and yes it went over on my bill
2006-11-16 23:24:24 · answer #8 · answered by Anonymous · 0⤊ 0⤋