What Happens When You Go Over the Debit Card's Balance?


Quick Answer

What happens when a consumer goes over the debit card's balance varies based on the bank that card is issued by. There are some banks that offer overdraft protection, while others simply decline any transaction that is not covered by the funds in the account.

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Full Answer

If a bank offers overdraft protection for debit cards, the transaction is generally approved and the account is listed with a negative balance. The consumer is then charged an overdraft fee and is required to make a deposit to the account to prevent future fees. Another option for overdraft protection is to link a savings account to the debit card. This allows funds to automatically transfer from savings to checking in order to cover any negative balances.

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