I accidentally went negative in my Chase account, how much will I owe in fees?

I accidentally went $1.75 negative in my “High School Checking Account.” I thought I had just a couple more dollars but I didn’t. This payment was made two days ago if that makes any difference? How much will the fee be, and will the cost increase as days go on? Thanks.

1 Answer

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  • Banks do not charge unless you go more than $5 in the negative.

    You made it by the skin on your teeth.

    This was part of those new regulations passed a couple of years ago.

    You will eventually get bitten.

    Try to keep at least $4 as a minimum balance in your account at all times.

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