Does Bank of America still let you overdraft at the ATM? ?
I used to “love” getting my direct deposit and going to the bank to withdraw all my funds then getting overdrawing my account $200 + the $35 overdraft fee. Why? Because if I had a lousy check in retail lets say I only got $230 when I got paid well, I’d take that $230 out then overdraft my account $200. So I would have $430. You might say “ yOu haVe tO pAy It BaCk “ “ tHeY cHaRge YoU a OvErdrAft FeE “ yes, but I would purposly always ask for extra shifts the next week to pay it back etc. I mean I got direct deposit and at that time I had no bills and was spending my money on whatever nonsense. Due to Corona my shifts have changed and are shorter. Please, don’t be a Karen and try and lecture me on what I should be doing and what I should not be doing. I want to know if Bank of America still allows overdraft at the ATM?
- Anonymous2 months ago
$35 ON $200 is 17.5%. Its idiotic to pay that. But feel free to try it and see. I would not. I used to have a capital one account and they let me overdraft for whatever their rate was which was way, way lower than 17.5% for 2 weeks. I don't know if it was 6.99% or 9.99% but what I figured out was if I transfered money in via ACH the same day there was no interest.
If that makes me a "karen" then so be it.
I use online banks now and my last overdraft was free because I had money transfered later that day. If it would have been the next day it would not have been free.
- Christin KLv 72 months ago
No bank has to allow repeated overdrafts by stupid customers. If you're constantly overdrawing your account, then expect the bank to drop you as a customer eventually. What you're doing is irresponsible.
- 2 months ago
They still allow it.
However, you should understand that if they see that this is your common behavior, they will remove your overdraft privileges.
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- ?Lv 62 months ago
Sun Bank does that or used to do it. A sneaky way to get overdraft fees. BOA home office San Francisco, I took all of my money out of BOA and put into Fifth Third Bank home office Cincinnati. BOA got pissed off and lowered my FISCA for no other reason than I took my money forever out.
- ?Lv 72 months ago
Troll. You will know the next time you try.
- AudreyLv 62 months ago
No they do not. BOA is a strict institution.