If you're referring to a bank overdraft, any age really. An overdraft is just when you've spent more than you have in your account. Different banks have different policies. Some allow you to tie your (presumably) checking account to a savings account, and provided that you have funds in the savings account, they will automatically move money over for you (for a fee of course). If you are over 18 and eligible, you can also sign up for a line of credit which is basically a credit card, only with out the card and only for your bank account. If you are out of money in checking and savings, and you have a line of credit, they will take money from there. Many places don't like having to charge you for poor money management, but they do it anyways because it is a potential avenue to make some money. If you find yourself in a hard spot, talk to your bank because many times they will forgive your first overdraft.
yes it is an asset overdraft
Need overdraft of R1000
overdraft check is a check of "no sufficient funds".
Old enough to get a bank account. If you withdraw more money than you have, no matter your age, you will get an overdraft.
An authorised overdraft is an amount of money that you have agreed with you bank and which you can withdraw from the account for which the overdraft has been set up, the overdraft being the extra fund you have access to when your account does not hold sufficient funds.
yes it is an asset overdraft
Need overdraft of R1000
proteção do overdraft
That is the correct spelling of "overdraft" (a bad check).
overdraft check is a check of "no sufficient funds".
Overdraft interest is usually around 17 to 21 percent. This is a huge penalty and your overdraft should be paid off as soon as possible. Most banks will not allow you to have an overdraft for long.
do you have to pay interest on a band overdraft ?
An authorised overdraft is an amount of money that you have agreed with you bank and which you can withdraw from the account for which the overdraft has been set up, the overdraft being the extra fund you have access to when your account does not hold sufficient funds.
Old enough to get a bank account. If you withdraw more money than you have, no matter your age, you will get an overdraft.
it is not good to use an overdraft because then you can get quite cold!
It is very possible, but unlikely to happened in Philadelphia.
No, you cannot overdraft a Vanilla Visa card.