My Account Balance is in the positive. Only my Available Balance is in the negative. I don't get paid until the 6th (two days from now). Will they charge me for only having my Available Balance negative? If so, how much do you think it will be for two days in the negative?|||Don't you hate the robo-answers?
It depends on what gave rise to the negative available balance. If the actual balance went negative and then a deposit was made but hasn't cleared yet, then you will be charged an overdraft fee. If you made a deposit, which hasn't cleared yet, and then wrote checks causing the negative available balance without causing an actual negative balance, then there should be no fee.|||the answer really depends on your bank and the agreement you signed.
It sounds like you have a line of credit. Which allows you to withdraw money from the bank even if your balance is zero (i.e. a short term loan).
If you withdraw using your line of credit there is a interest fee that is charged to you on a daily or monthly basis. However if you withdraw from your bank and not from your line of credit, then there is only a small fixed monthly fee for the line of credit.
The reason i am explaining this is because I wasn't too sure what you meant by Available Balance. In this case, it sounds like they will charge you since your available balance is negative if it is a line of credit you have.|||YOU SPENT TOO MUCH MONEY, and they gonna suck more out of you.
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