debit visa card

zebra123

hi have a question here just wondering about my visa debit card (BOI) i have no money in the account at the mo so was gettin a few bits today and when i tried to get cash back the card declined but i said at the shop forget the cash back and just pay for the items and it worked just wonderin have i over used it and cant get cash back? i dont know how exactly it works?

jammywammy

zebra123 wrote: »

hi have a question here just wondering about my visa debit card (BOI) i have no money in the account at the mo so was gettin a few bits today and when i tried to get cash back the card declined but i said at the shop forget the cash back and just pay for the items and it worked just wonderin have i over used it and cant get cash back? i dont know how exactly it works?

A debit card takes money directly from your account so it shouldnt work if you have no funds in your account. Unless you have an overdraft.

zebra123

have been usin it when there was no money in the account unless theirs a daily limit on it?

BuffyBot

Most likely the shop has a floor limit (i.e an amount under which the transactions do not need to be authorised with the bank) so small purchases under this limit may be approved.

However, they'll still show up on your account and if you don't have sufficient funds when they do, the bank may charge you heftily for it.

stoneill

The transactions will go onto your pending transactions list until your account has sufficient funds to cover it.
But you will not be allowed cash.

zebra123

ok thanks