Debit cards

Debit cards

Big banks don't process checks and debit card charges to your account in the order they are received, but instead, use a computer program that selects the biggest amounts first and charges them against your account; emptying your account faster and resulting in more overdraft fees (profit).

Previous Fact Next Fact
Categories: FinanceTechnology

Latest FactRepublic Video

15 Most Controversial & Costly Blunders in History

Sponsored Links