okay i need help on something(no nasty comments)
i deposited 214.00 into my checking account thursday
the deposit posted to my account friday.
then i went back friday and and withdrew 130.00
but i didn’t use all of it so at the atm machine i deposited 22.00 back into my checking account.
i made one check card purchase of 1.12 at a gas station.before i made the 22.00 deposit to my account.
any deposit made after 2pm don’t reflect till the next bussiness day.
after all the transactions friday i had a available balance of 100.88
this morning i had to get my husband medicine so i use my debit card to make a purchase of 15.00.after that i went to my bank and withdrew 40.00 this would then leave me a available balance of 45.88
next i went to eckards and made a check card purchase of 3.48 this would leave me a available balance of 42.04,if i make a purchase of 20.00 with my debit card would this cause my account to go into overdraft?
If you have 42 dollars and you spend 20, how would that put you into overdraft?
June 29th, 2009 at 4:31 am
Banks have websites ,
The web site has your actual transactions & balance .
Stop being silly here and go look at your actual account .
Heck of a lot faster than us figuring out all that gibberish .
>
July 1st, 2009 at 2:24 pm
“Available balance” means that you have that much available.
Why are you bothering to make a deposit of only $22? Then taking out only $40? Then you are making a bunch of tiny payments instead of using cash. Is this really how you manage your finances or is going to the ATM a hobby?
July 4th, 2009 at 12:19 am
It shouldn’t do that, you should be okay but I would suggest that you stay away from these small transactions. Especially if you happen to have to use an ATM that isn’t your bank, then you would get hit with a fee of $2 to $4 from both banks. If you had kept the $130 that you withdrew originally, you would have had a balance of $84 plus whatever your checking balance was. Then you would have bought the small items with cash for a total $19.60 leaving you with roughly $110 in cash and your account balance.
I think that you are just looking at what the bank says you have in it to balance your account. You have to know pending transactions and checks before you know your balance. For example the check card purchase might be pending for 2 or 3 days and not show in your balance as will outstanding checks.
July 5th, 2009 at 3:16 am
From what you say, you seem to be OK.
Before the last transaction, you had a balance of $42.04 and you withdrew 20, leaving you a new balance of $20.04 credit.
Note that in situations like that, when you are not sure of how you stand, you can always give the bank a call and ask them to tell you the balance of your a/c.
July 7th, 2009 at 9:49 pm
I don’t see how you would.
July 9th, 2009 at 4:54 am