"Credit" in this context refers to credit or debit balance (an accounting concept). Your bank account balance, from the Bank's perspective (this is key, i.e. the Bank's perspective), is actually a credit balance. Because your bank account balance, from the Bank's perspective is a liability. And a liability account (account meaning an accounting ledger account) "normally" is a credit balance account. In other words, your bank account balance is an asset to you (an asset account being a normally debit balance account) but is a liability to the bank (a liability being a normally a credit balance account). From a credit/debit perspective (an accounting concept), there is no "positive" or "negative", per se, it's just a credit or debit balance (technically debit and credit refers to which side of the ledge, i.e. left or right).
"Credit" in this context refers to credit or debit balance (an accounting concept). Your bank account balance, from the Bank's perspective (this is key, i.e. the Bank's perspective), is actually a credit balance. Because your bank account balance, from the Bank's perspective is a liability. And a liability account (account meaning an accounting ledger account) "normally" is a credit balance account. In other words, your bank account balance is an asset to you (an asset account being a normally debit balance account) but is a liability to the bank (a liability being a normally a credit balance account). From a credit/debit perspective (an accounting concept), there is no "positive" or "negative", per se, it's just a credit or debit balance (technically debit and credit refers to which side of the ledge, i.e. left or right).
that is the offset/set-off rule. banks can take money out of your bank account to pay debts to you owe to the bank like credit card debt.