Quote:
Originally Posted by ilovebdj
I've wondered this myself. If they are hoping for the float, they can still use their debit card, but just push the "credit' button and it will usually take another day to clear (at least w/ my bank.) It grates on my nerves......
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My bank take the money out right away out of my available balance even if I run it as credit. I use checks to pay rent.To much of a pain in the ass to run to the ATM machine or buy a money order.
I actually only experienced one company that deduct the money out
of my account the same day I write it. That' s "Old Navy". I float a check for maybe 1-2 days if I run short of money and have to buy some groceries. The grocery store I go to take around 5- 7 days to "cash" their check.
But most of the time I use my debit card.