An overdraft allows an individual to borrow money from the bank account by withdrawing more than the account has in it – in simple words, one becomes “overdrawn.” and when the account is overdrawn there is normally a fee associated with this. In this article, we will find out if a Deep Blue Card can […]
Overdrafting a debit card can lead to some serious financial consequences. If you overspend on your debit card, you could end up paying high-interest rates, and fees, and even get charged for bounced checks. Let us know about “Can You Overdraft Debit Card?” In some cases, even if you only spend a little bit over […]
Cash is a vital resource in our daily lives because it is used to purchase basics and other items. Carrying a little amount of cash is simple and safe, but carrying a significant amount of cash is difficult and dangerous due to the numerous hazards and drawbacks. However, due to the debit and credit features. […]
Sometimes, the account holder gets a hit of overdraft fees while checking his billing statement or online banking interface. Are you one of them? According to the report of FDIC, In 2017, Banks collected up to $11 billion for overdraft fees. Here banks mean the Ten largest banks only, it does not include local street […]
How Many Times Can I Avail Overdraft On My Account? Overdraft in simple is borrowing a certain amount of money from the bank for a limited period when you have zero balance in your account at the time of emergency. You can overdraw for writing cheques or swiping credit/ debit cards or withdrawing money using […]
JPMorgan Chase Bank popularly called Chase Bank is a national bank based in America with its headquarters in New York City. This bank was originally founded in 1799 and was formerly known as Chase Manhattan bank. It has about 5,100 branches with over 250,355 employees all over the country. Account creation in Chase bank is […]
Even if you regularly check your bank balances online, it is possible that you fell into a negative balance by mistake. This is called withdrawing your account. This can happen if you forget to write a check to someone who does not submit it immediately. Debit card purchases may not be immediately cleared, and your balance […]
Bank of America is one of the most prominent banks in the US. Like any other bank, it too charges overdraft fees. An overdraft charge applies when a person with a savings account uses their debit card for money withdrawal or writes a check that is for a sum more than the current balance. In […]
Do you know what Discover is all about? Discover is a credit card that offers great rewards for your spending. With Discover, you can earn cash back, points, and miles on your purchase. Plus, Discover offers a variety of protections, such as theft and fraud protection, cardholder rights, and privilege protection. If you’re looking for […]
INTRODUCTION At some point in our lives, we tend to run out of cash while buying things. To avoid embarrassment, we desire immediate cash. An overdraft has been made available for those who find themselves in such situations. One can apply for an overdraft online or physically. In this article, we will see about ‘Can You […]
