Kayak Fishing Adventures on Big Water’s Edge - View Single Post

jruiz · 11-20-2023, 01:39 PM

Most banks will set up your checking/savings account to link to your CC to prevent you from overdrafting, under the guise that it will save you from overdraft fees.

I always explicitly tell my bank not to do that. I would go even a step further and have separate banks for checking and CC. Then having a lower balance checking account for online transactions and paying bills. Then a checking account for income to go in to. Have a internal funds transfer going from one to the other to cover the bills that need to be paid. A little bit of trouble for peace of mind.

11-20-2023, 01:39 PM	#19
jruiz Large Member Join Date: Jul 2012 Location: La Verne, CA Posts: 1,002	Linking CC to bank account Most banks will set up your checking/savings account to link to your CC to prevent you from overdrafting, under the guise that it will save you from overdraft fees. I always explicitly tell my bank not to do that. I would go even a step further and have separate banks for checking and CC. Then having a lower balance checking account for online transactions and paying bills. Then a checking account for income to go in to. Have a internal funds transfer going from one to the other to cover the bills that need to be paid. A little bit of trouble for peace of mind.