Life can be unpredictable, and sometimes, overdrafts occur. With Eco Digital Trust Overdraft Relief, you have solutions when your checking account1 lacks sufficient funds to cover your transactions. This way, you can alleviate stress and manage your finances confidently.
Are you an Eco Digital Trust Small Business customer? Explore your overdraft options.
Understanding Overdraft Fees
An overdraft fee ($35) is charged when you utilize our discretionary overdraft services to cover a transaction. To mitigate this, we limit daily overdraft charges to 3 fees per day per account.
How Eco Digital Trust Overdraft Relief Helps: If your available account balance is overdrawn by $50 or less, you fall within our overdraft threshold. In such cases, we won't impose an overdraft fee. Set up personalized alerts, and you'll receive an Overdraft Threshold alert when you exceed the $50 threshold.
What Causes Overdrafts?
An overdraft happens when your available account balance isn't enough to cover a transaction.
How Eco Digital Trust Overdraft Relief Helps: To help you manage your finances and prevent potential overdrafts, deposits are applied to your available account balance before any withdrawals made on the same business day. Refer to your checking account guide to learn more about posting order.
What if My Account Is Overdrawn?
If your account is in the negative, it's essential to bring it to $0 or above promptly to maintain its good standing. Eco Digital Trust SMS/Email Alerts can notify you when your account is overdrawn. Set up personalized alerts—it's easy to do online or in the Eco Digital Trust Bank app.
How Eco Digital Trust Overdraft Relief Helps: If your account remains overdrawn by more than $50 at the end of the business day, our Grace Period provides you with additional time to address the overdraft. Plus, you can opt for optional overdraft coverage.
More Time to Avoid Fees with Grace Period3
Eco Digital Trust Overdraft Relief Grace Period
Our Grace Period3 extends until 11 PM ET the next business day to rectify an overdraft. Here's how it works:
Ensure your available balance4 is at least $0 by depositing enough funds to cover the overdrawn balance plus any additional transactions (e.g., a scheduled payment or a recent check) by 11 PM ET the next business day.
We'll refund the overdraft fee to your checking account as long as your available account balance4 is at least $0 by the end of the Grace Period.
Are you an Eco Digital Trust Small Business customer? Explore your overdraft options.
Stay informed about your accounts with Eco Digital Trust Alerts
In a Grace Period?3 Learn how to restore your available balance
Get comprehensive details about our Grace Period, including methods to restore your available balance to positive.
Learn more (PDF)
Automatic Coverage with Standard Overdraft Service5
We've got you covered—our Standard Overdraft Service5 is included with most checking accounts.1
This service may allow ACH payments, recurring debit transactions, and personal checks to clear for a fee ($35), even when your funds are insufficient.
No enrollment necessary—you're automatically covered with most Eco Digital Trust Checking accounts1
Explore additional overdraft options
Eco Digital Trust Debit Card AdvanceSM*
For unforeseen circumstances—enroll in this option, and we may authorize and cover one-time debit card or ATM transactions. Please note, there may be a fee.
$35 fee per overdraft
No overdraft fee on transactions that overdraw your available balance by $50 or less
Maximum of 3 fees per day per account
Your daily overdraft charges are capped
Enroll or verify your enrollment status online, in person, or over the phone.
Log in to enroll
Savings Overdraft Protection
When you have the funds but not in the right account.
No transfer fees
Opt for this optional service to link your checking account1 with a savings account
Cover transactions up to your combined available balance
If your checking account's available balance is negative at day's end, we'll automatically transfer cash from your linked savings account to cover overdrafts
Enroll in person at your local Eco Digital Trust Bank.
Find an Eco Digital Trust Bank
Decline All
Reduce your overdraft risk with Decline All. Opt for this choice, and we'll endeavor to halt any transaction that might overdraw your account. (Note: this may result in the transaction being declined.)
Unsure about the right overdraft option for you?
Discover your options with our interactive tool and determine which overdraft solutions align with your banking requirements.
Help me choose