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A comment on Debit cards are hidden financial infrastructure. Parent comment
1. have $100 in your checking 2. pay $10 for steak 3. buy sausage for $5 4. Buy a ticket for $99
You think you get one over draft fee
bank reorders it as
1. have $100 in your checking
2. Buy ticket for $99
3. buy sausage for $5
4. Pay 10 for steak
Get 2 over draft fees. Add more transactions in between the ticket purchase to increase the fees.
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1. have $100 in your checking 2. pay $10 for steak 3. buy sausage for $5 4. Buy a ticket for $99
You think you get one over draft fee
bank reorders it as
1. have $100 in your checking
2. Buy ticket for $99
3. buy sausage for $5
4. Pay 10 for steak
Get 2 over draft fees. Add more transactions in between the ticket purchase to increase the fees.