A negative balance on debit cards is a rare, almost out-of-the-ordinary situation. After all, they are intended for storing personal funds. This means that in most cases, the client technically cannot spend more money than he has.
But sometimes a negative balance is still found on the account. Let's talk about why this happens and what to do if the debit card goes into the minus. We will also tell you about ways to avoid such situations in the future or not allow them to happen at all.
What is an overdraft and how is it related to a negative northeast mobile number database balance on a card
Overdraft is an option that actually allows a bank client to use a short-term loan. It is relevant in a situation where the amount of expenses exceeds the amount of own funds. When issuing debit cards, banks usually do not connect an overdraft to the client - it can be activated upon request and only if such an opportunity is provided for by the terms of the agreement.
How does this work:
Maria planned to buy a vacuum cleaner for 10 thousand rubles and deposited them into the account in advance. But in the store she found a model with a large set of options and a good discount, but the equipment costs 11 thousand rubles. Our heroine uses an overdraft and pays the full cost of the vacuum cleaner. As a result, 10 thousand rubles are debited from the card, and the remaining 1 thousand rubles form the same "minus". It will be repaid the next time money is credited to Maria's account, unless otherwise provided by the terms of service.