What You Need to Know about Overdrafts and Overdraft Fees
An overdraft occurs when you do not have enough money in your account to cover a transaction, but we pay it anyway. We can cover your overdrafts in two ways:
We have standard overdraft practices that come with your account. This is our Bounce! Protection* program.
We also offer overdraft protection plans, such as a link to a savings account, which may be less expensive than our standard overdraft practices, to learn more, ask us about these plans.
This notice explains our standard overdraft practices (Bounce! Protection Opt In program).
What are the standard overdraft practices (Bounce! Protection Opt In program) that come with my account?
We do authorize and pay overdrafts for the following types of transactions:
- Checks and other transactions made using your checking account number
- Automatic bill payments
We do not authorize and pay overdrafts for the following types of transactions unless you ask us to (see below):
- ATM Transactions
- Everyday debit card transactions
We pay overdrafts at our discretion, which means we do not guarantee that we will always authorize and pay any type of transaction.
If we do not authorize and pay an overdraft, your transaction will be declined.
What fees will I be charged if NuVision pays my overdraft?
Under our standard overdraft practices (Bounce! Protection program):
- We will charge you a fee of $30 each time we pay an overdraft.
- We will limit the number of charges to four fees per day.
What if I want NuVision to authorize and pay overdrafts on my ATM and everyday debit card transactions?
If you also want us to authorize and pay overdrafts on ATM and everyday debit card transactions, indicate your preference below, ensure the information is complete and click submit or call 800.444.6327.
*Formerly known as Courtesy Pay