Chase account overdrawn under $5?
I used my debit card for Netflix 1 month purchase of $7.99, and I only had a little over $3 in my bank account, and the rest was overdrawn from my Chase account. Now my account is at -$4.80. Will Chase charge me an overdraft fee if the overdrawn amount is under $5? This is what I heard, but I'm not sure. Thanks
More Questions From This User See All
Answers & Comments
Verified answer
Chase does not charge overdraft fees for amounts of less than $5.
This is all banks now. Due to new regulations passed along with those debit card rules
Consider yourself lucky.
You have low balances - you are swimming with sharks.
You will eventually get bitten.
Statistics show that those that keep less than $400 a month as an average balance helped banks make 44 billion in profits.
Do not be a victim.
Doesn't matter if they do or not.
Negative balance is never a good thing.
If you don't have the money for Netflix - then don't be getting Netflix.
Don't know how you can possibly justify going overdrawn for movies.