But what if you make a large payment, like a car or mortgage payment. Would you want a $1.00 soda to make that check bounce? Banks process transactions in order largest to smallest for your protection! -- PRescott7-2097
That line of baloney is what the banks will tell you, but isn't it convenient that they can earn multiple fees by doing that instead of only one? And frankly, yes, I would prefer the mortgage or the car payment to bounce and have one mess to clean up rather than having to deal with multiple annoyed creditors and multiple fees from both the bank and the creditor.