Can I over draft my bank account as many times as I want as long as I pay it back within a week?
- robert2020Lv 612 months agoFavourite answer
Check with your personal bank. There are different kinds of accounts too. Don't chan e an incorrect t answer from ya posters.
- EvaLv 512 months ago
Most banks will eventually close your account due to frequent overdrafts. If you have overdraft protection on the account, they will not.
- Casey YLv 712 months ago
All banks will eventually block you after repeatedly overdrafting.
You are aware that overdrafting is akin to bank fraud...knowingly writing checks that cannot be honored with your available funds...right???
- babyboomer1001Lv 712 months ago
Of course you can but the bank is not going to like it and each time you do it, there will be an overdraft fee due.
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- STEVEN FLv 712 months ago
NO. Even banks with the most generous overdraft policies WILL close you down if you regularly overdraw the account.
- JudyLv 712 months ago
Each bank makes its own rules on what is allowed None will allow unlimited overdrafts
- Pearl LLv 712 months ago
i wouldnt do that if you dont want problerns
- 12 months ago
BRO, BANKS ARE CROOKS TOO. DO WHATEVER YOU WANT