Chase is notorious for doing this! This is how they make a sizable chunk of change by manipulating funds. We've seen this on many accounts.
Your Accounting vs. Your Bank's Accounting
Most customers expect banks to take out money in chronological order like this:
Since the overdraft happens on the last day, you would expect only one overdraft fee.
But that's not how your bank sees it. They've decided to process the largest transaction first:
Thanks to your CHASE'S creative accounting they can now charge you four extra overdraft fees! This is simply works out in their best interest. Steer clear of CHASE BANK.
This is a very common practice with them!
Product or Service Mentioned: Chase Bank Account.
Reason of review: Pricing issue.