So now that Chase owns Bank One, check out this interesting overdraft policy. Lets say as a matter of academic interest you have $100 in your account:
balance: $100.00
Lets say you make 10 purchases with your debit card that day. The first 9 purchases are for $1.00 items:
debit: -$1.00 x 9 = $9.00
balance: $91.00The last purchase is for $101.
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