Can a bank charge a fee of $0.01 if you went a penny over your credit card limit? My limit is $2000!?

Update:

Some bank's Terms and Conditions indicate  the fee cannot exceed  how much over the limit the consumer went over...so the fee could not be more than a penny if going by that rule!

5 Answers

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  • 1 month ago

    Of course they can.  You are over the limit.

  • Scott
    Lv 7
    1 month ago

    They certainly can.

  • 1 month ago

    No ... in that the overdraft fee is more like $20.

  • 1 month ago

    Over is over.  What don't you understand about the word LIMIT?  Pay what you owe, not nearly what you owe, and then you will avoid a penalty for failing to pay the minimum.

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  • Anonymous
    1 month ago

    Whats your obsession with pennies?

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