What's the term used for using the bank's money on a credit card. When all my available balance is gone...?

Sorry let me rephrase that.


For example: i have a credit card, and ive used all the available funds i have in my account(s), it then goes over to the banks money and i have to pay it back by the end of the month..


What's this term called again?|||Over the limit|||Are you using a debit card per chance??





You don't actually have funds available on a credit card ... You have a form of a line of credit ...





You go 'over the limit' on your credit cards when you spend more than your credit limit .. And you don't actually need to pay it back at the end of the billing cycle ... However if you don't,, you'll keep getting tagged with over the limit fee's till you are back under you credit limit ...





An over draft is what you do to your checking account ...|||If you are using a credit card, you are always using the bank's money. They are not deposit accounts and, except for the occasional credit from overpayment, etc., do not hold any of your funds.|||Its Over Draft under penalty clause.


All the best.|||brains ,.