Do scheduled bill payments affect my Quickdraw debit card balance?
Yes. As soon as a bill payment is processed, your balance available for use with your debit card will be lowered by that amount even if there are not sufficient funds in your account to cover the bill payment. For instance, if you have $100 in your account and a scheduled bill payment is $150, your account balance will be lowered to -$50. Although the bill payment will not be made because the funds were not available, your debit card balance will still be updated with a balance of -$50. Your debit card balance will remain at -$50 for two business days because we will attempt to make the payment twice. After two days, the payment will be deleted and your debit card balance will be increased by the amount of the payment, in this case $150.
