If you have a ATM or debit bank card with a bank and you have a cheque cashing limit, this is considered a credit item.

The scenario.
In order for the bank not to put a hold on your cheques when you deposit them through the ATM or bank machine, you need to have a cheque cashing limit. ie... you have a cheque cashing limit of $300 and you deposit a $100 cheque through the ATM... the bank won't put a hold on the cheque.

This cheque cashing limit of $300 is actually considered to be a $300 piece of credit that you have to sign and be approved for. It's not an overdraft, it's a separate piece of credit.

I found this out when I asked the bank to identify ALL of the pieces of credit that I had outstanding with them. I asked them this because on the contract I signed I agreed to allow them to do a credit check on me whenever they felt like it. I am very interested in controlling when and where lenders do credit checks on me.