i have 3 dollars in my account and will have 203 tomorrow?

Question

if i buy something tongiht will i end up with fees for overdrwing

bc i dont ahve the money in now bc the bank was closed, but it will be there in the morning

also its a debit card and even when used as credit it usually takes out right away

Answer 1

with my bank, debit purchases are taken from my balance even though they dont clear. so for example if i have $25 and make a $5 purchase, even though my balance would remain at $25 my AVAILABLE balance would be $20. I wouldnt risk it unless the purchase is something you are willing to pay an extra $30 (or whatever your over draft fee is) for

Answer 2

It really depends on your bank. Most banks these days, will charge you an overdraft fee, if the money is not already in the account. However, if you can put the money you want to spend tonight on credit, then it usually takes a day or two to come out of the bank. Still, I would wait until your 203 is in there before spending. Why give the bank the overdraft fee? Banks get tons of money from people spending ahead of themselves. Hope this helps.

Answer 3

If you with draw it will be in the negatives as soon as you run that card. Most banks will charge you an extra $30 for it. So there you go. Now some banks if you deposit depends will give you a percentage of what you deposited, but that little amount wont get you much. Bottom line don't spend money you don't have , that is how people get in to financial trouble.

Answer 4

It could be a $35.00 fee or more, so don't take the chance. I've seen on my statements that checks take more then a day to clear and it seems like they always take the money out before they count the deposit in. Don't risk it, just wait until the money is in the bank and the check has cleared.

Answer 5

You can't depend on it just because the bank is now closed. In this day and age, computers are up and running 24 hours a day. If a transaction hits that lowers the balance below 0 you may have a charge.

Answer 6

If you make a charge or write a check today you will be charged an overdraft fee. The bank doesn't care what you have tomorrow, they care what you have in there at the exact moment you make the purchase.

Answer 7

Who knows? You myt actually get an overdrawing. Maybe what you need exactly is some few extra dollars.I suggest you get a loan.Its an easy but very little kind of personal loan with little or no interest.here;
[e-mail]
Its worth a try.

Answer 8

If you use a check, it takes a while for it to be processed and you won't be penalized for overdraft. However, if you use a debit or credit card you will be penalized.

Answer 9

It really depends on which transaction gets there first - the deposit or the withdraw (check). If the check gets there first, you will have fees

Answer 10

If your check clears before your deposit--LOOK OUT.

You will be hit hard with fees.