macmandan

Ok,I've had a checking account with a debit card for the last 2 years or so. awhile back, I had a problem with overdrafting, about $150 worth of charges. The bank sent out a collection agency notice the day before I paid it, and everything was fine since, I learned my lesson for the most part.

Well now in the last week, I scheduled a credit card payment to my checking account and I forgot about it. I use my debit card alot, and alot of the time, for small purchases, like bottles of water at work. So I ended up having no money in my checking account about 4 days ago. Problem Is, the bank kept accepting my card. I logged on to my account today, and saw $237 in bold RED. I owe the bank about $47 in actuality, but $189 worth of fees for overdrafting ($27 a pop).

My question is, is there any way to just pay the money i really owe them, and close the account, without credit repercussion. I'm really irritated that they still accepted my card when I obviously had no money in the account.
My credit score is currently 643, so it's nothing spectacular, but it's not bad, so I don't want to jepardize that. I don't know what impact these sort of things have on credit, but I really can't see paying the bank $300 (i have 2 pending transactions still).

I called the bank and they didn't want to do anything to me. they don't mind charging me $28 per bottle of water.

Let me know what you guys think, if I have any options other than paying it or what.
P.S.
I'm in central new york if locale matters