I'm not sure the difference between selecting the credit or debit option, I know that if I select credit the transaction will still go through without me having the proper funds in my account. My question is if i select debit and dont have the enough money in my account to cover it will it be approved or declined?
2007-02-03 16:00:30 · 5 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
declined
2007-02-03 16:05:15 · answer #1 · answered by myownsecretarydotcom 3 · 1⤊ 0⤋
if u use ur debit to take money out of ur checking, but u dont have enough in ur checking, then it could be declined, u dont have sufficent funds in ur account. but if u have overdraft protection, then u could have 0$ in ur checking account and use ur debit as much as u want. overdraft protection would take the funds out of ur savings for you. but u have to tell the bank to put u in overdraft protection, and its free.
2007-02-04 00:06:37 · answer #2 · answered by beach_babe971 1 · 0⤊ 0⤋
It depends on whether you have overdraft protection on your checking account. If you do, the transaction will go through, then your back will charge you an overdraft fee.
2007-02-04 00:09:04 · answer #3 · answered by loveblue 5 · 2⤊ 0⤋
curious myself. i did watch a girl try to pay for something with a debit card on ebay and she said if she has money in there it will go through.. if not it wont. she didnt so it didnt go through. no pin entered.
2007-02-04 00:07:22 · answer #4 · answered by hometech02 3 · 0⤊ 0⤋
It depends if your bank allows you to be negative. It mostly depends on your credit and the type of account you signed up for.
2007-02-04 00:05:39 · answer #5 · answered by Peggy Pirate 6 · 2⤊ 0⤋