If you try to use your debit card when there is not enough money in your account to cover the transaction and your account does not allow overdrawing, the transaction will be declined.
No fee is charged.
If your account allows overdrawing, you can be charged a fee, like with a check.
What happens if you have negative balance on debit card?
A transaction that brings your account into a negative balance is called an overdraft. A transaction that would bring your account negative but the bank returns unpaid is called non sufficient funds or insufficient funds transaction. Banks may charge a fee for either an overdraft or a returned unpaid transaction.
Can I use my debit card with a negative balance?
Once they do so and a check, ATM, wire transfer or debit card is overdrawn – or there is a negative balance incurred from recurring bills automatically deducted from a protected account – the bank will cover the transaction and charge a range of processing fees.
Can you overdraw on a debit card?
Debit Card Overdraft Service allows the bank to authorize, at its discretion, ATM and everyday (one-time) debit card transactions if there isn’t enough money in your checking account (or in accounts linked for Overdraft Protection) to cover them.
What happens if my bank account is negative for too long?
When your account gets to a negative balance, your bank will probably charge you an overdraft fee that makes your account even more negative. Your bank can also close your account if it’s negative for too long, or if you repeatedly go negative.