I'm wondering about the situation where my account runs out of money. What are the possible consequences or outcomes if my account balance hits zero?
7 answers
DongdaemunTrendsetterStyleIconTrend
Tue Dec 10 2024
An overdraft occurs whenever your account balance falls below zero.
Matteo
Tue Dec 10 2024
Being consistently in overdraft can lead to serious consequences for your bank account.
Valentino
Tue Dec 10 2024
This typically happens when you make purchases or withdrawals that exceed your available funds.
HanRiverVisionaryWaveWatcher
Tue Dec 10 2024
Some banks offer overdraft protection to prevent your account from becoming negative.
ZenMindful
Tue Dec 10 2024
If you fail to maintain a positive balance, your bank may decide to close your account.