Posts by rapidskipper12

...or just call 01/3789-888. 😉

It all depends on how the account settles. Just wait until it's fully set up before you pull the trigger on the purchase. That way, your first installment won't hit your statement for another month.

Your account number is right at the bottom and starts with 32...

I can't even begin to process what you just said. Is this some kind of joke? kaže:
Clearly you don't have either one. Did you ever even bother using an American Express student card?

Nah, I applied for that American Express card ages ago, but they shot me down because I'm on some kind of blacklist. On the bright side, my overdraft was approved by Chase without any issues. $333 What kind of day am I having? Everyone knows that if you aren't bringing in any income, you don't have a basis for an overdraft, which means the limit gets cut. If I’m sitting here with zero income and zero limit, then why on earth am I staring at a negative balance? $333? 🤷

If that’s the case, then why am I still getting hit with a fee from $2.25?

Look, I'm not saying you're lying, just sharing my own experience here. I actually walked into my local Chase branch to ask about this myself, and I got the exact answer I wrote down. I have a student checking account with a $333 overdraft limit, and they've been steadily pulling $2.25 from me every single month (even after the innovation discount).

I’ve got a student account and they hit me with $2.25 every single month. When I actually asked why, they basically told me it's because I don't have all the premium perks, like an Amex card.

@ duba - you're wrong.
Every standard checking account carries a $2.25 monthly maintenance fee. Retirees get it for $1.25, and students pay $1.75 as long as they have the full bundle (checking, credit card, online banking). If any of those pieces are missing, the system automatically bumps the fee to $2.25.

10% is just the margin of error, which means $367.

Honestly, I think you just picked the wrong branch and made a mistake by calling them in the first place. Some of us here have been using that student package since we were way past 27. 😉

Spot on, Matthew Jackson49. A charge card is basically just a delayed payment tool... Everything you rack up during one billing cycle hits your account all at once when it's due.

Phone banking is $2.00, whereas mobile or online banking is $2.75. Both phone and internet options come with a $15 enrollment fee, but mobile is free.

This isn't really the right subforum for this, but I'll give you an answer anyway:
Your overdraft limit is automatically set based on that first deposit from your reimbursement check. You can see the expiration date right there on your account details. Nothing is going to change until that date hits, so you might as well head down to a Bank of America branch and explain the situation. Only a branch manager has the authority to actually bump up that limit.

I'm 33, been working for about four and a half years now, and I’ve consistently kept an overdraft on my student checking account with $333. Nobody ever asks questions, and honestly, I don't say anything either. 😉

PS: You don't even have to borrow money. The overdraft resets every six months, and you don't even have to pay it back by the deadline. It just rolls over automatically (unless you've gone totally bust).

Regarding your JPMorgan Chase Visa account:
- That 8.98% annual rate is what they charge you for being overdrawn. If you actually have money sitting there, the interest on your positive balance is just 0.10% annually. It’s calculated daily based on your balance. You won't see the interest amount right now, but it gets tacked on or credited to your account at the end of each month.
- Any checking account with an approved overdraft also lets you buy things in installments. Basically, you can be overdrawn up to $333, plus you can use installment plans for purchases up to $333.
- Since the first installment doesn't hit until next month, you can technically use those plans even if you're already in the red.

About the American Express card:
- Exactly. Your American Express is strictly electronic. There aren't any consumer loans involved—it's just interest-free purchases billed monthly.
- When you opened the American Express, you also set up an automatic payment so any balance due gets pulled from your checking account on the due date.
- The $667 limit is your total ceiling for the American Express. Once you hit that, you're done; you can't spend more, whether it's one-time or installments.

One last thing:
The $1000 transaction won't go through because you've hit your spending limit. You could try splitting the cost—maybe run $667 on the American Express over 12 installments and use your overdraft or pay with your Visa in installments for $333.

Wait, didn't you say you were a messy client? 😉 I already told you... Banks look at your credit score, your blacklist status, and your business's creditworthiness...

Heh, can't really give you an answer to that one... 😉

If you’ve got an active e-wallet token, just log in on your PC and send yourself the activation key. If not, give their support line a call at 1-800-555-0199 and tell them to shoot it over. 😉

They don't see it because they aren't "integrated" with Diners Club yet... Right now, it's just Visa and Mastercard through the bank, even though Diners is technically separate despite having the same name and online tools. 😉

Nah, that monthly fee of $1.75 gets pulled regardless of what your balance looks like, but your interest rate depends on how much you're overdrawn.
If you're $333 constantly in the red, they’ll hit you with $3.25 in interest plus $1.75 for account maintenance. If you're down by $267, expect $2.75 plus $1.75 for fees. If you're $167 deep in the hole, interest jumps to $1.75... If you're sitting at zero, they won't charge interest, just the standard $1.75 service fee. Clear enough now?