BankingTech FinTech

[Discussion] Pending Stimulus deposit and atm withdrawal, will I get an overdraft fee?

January 02, 2021 at 04:33PM

I went to the ATM today to withdraw some money and saw in the balance statement that there was more than I expected (the Congressional $600 Stimulus IRS line was there and it made my balance number higher).

I didn’t read carefully because I signed onto my online bank account later on and saw that the Stimulus payment was actually still “Pending” (dated Jan 1st).

Since I had assumed that my account already had the stimulus 600, I withdrew that plus the amount i was originally going to take out from the ATM.

Because the IRS Stimulus line was only “pending” does that mean I have overdrawn my checking account? :/

I don’t want to get a fee and will deposit back money if needed.

submitted by /u/sockhans
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