Can I repeat juggle for 24hrs between 2 overdrafts to avoid fees

ol1v33r

On my accounts if you go overdrawn and pay the money back within 24hours you won't receive any overdraft fees.

If I go overdrawn can I wait 23hrs pay it back and then immediately withdraw it again doing the same in another account and continuously juggle the payments until I can pay it all back?

ceredigion

Post it in the bank account section

callum9999

ol1v33r wrote: »

On my accounts if you go overdrawn and pay the money back within 24hours you won't receive any overdraft fees.

If I go overdrawn can I wait 23hrs pay it back and then immediately withdraw it again doing the same in another account and continuously juggle the payments until I can pay it all back?

Probably if that is actually how it works (I've seen accounts with a same business day grace period, never 24 hours from the moment you go overdrawn?). Though the bank could of course see that as you abusing the overdraft and take it away completely.

SuperHan

All of mine require it to be paid back before the end of the day (and I think some by 3pm), rather than within 24 hours.

If you can find one bank that allows it, never mind two, I'd be surprised.

Ben8282

As others have said. are you sure that it is not same business day rather than 24 hours? If it is, then in theory yes although I can foresee practical difficulties in practice. Please let us know the banks and type of account which allow this.