Some people aren’t good with money management and may forget to transfer money across, especially for scheduled things (bill payments, rent, etc)
Comment on Venmo overdrafted my bank rather than use the balance in my account
fluckx@lemmy.world 1 week agoWhy would you want it to automatically grab money from your savings? Wouldn’t you just want to transfer that yourself?
I feel like it’s an extra guardrail that if somebody tries to pull 3000$ from your bank account and you only have 500 there that it can only pull the 500 and not the additional 2500 from your savings account?
dan@upvote.au 1 week ago
spankmonkey@lemmy.world 1 week ago
Because it keeps them rent payment from bouncing.