Answer: Overdrafts Only
If your account is overdrawn, make a deposit or transfer that brings your account balance positive (or to at least -$50), including new transactions from that day (such as debit card transactions, written checks, and scheduled automatic payments), and we’ll waive overdraft fees.
Example:
Let’s say you start the day with $50 in your account and spend $150 at the grocery store, your account balance is now -$100. With 24-Hour Grace, we give you until midnight Central Time on the next business day to make a deposit or transfer and avoid overdraft fees.
Make a deposit or transfer that brings your account balance positive, including new transactions that are being processed that day, and we’ll waive the overdraft fees. In this example, making a deposit of at least $50 would be enough to waive the overdraft fees ($150 grocery bill - $50 already in your account - $50 cushion ¶).
Eligible Returns Only
If your account has returns eligible for 24-Hour Grace (but is not overdrawn), and you make a deposit that covers the total amount of possible return transactions plus any new transactions from that day (such as debit card transactions, written checks, and scheduled automatic payments), we’ll pay the possible return transactions. If a sufficient deposit is not made, the transactions will be returned unpaid.
Example:
You have $60 in your account when your $1,500 mortgage and $100 electric bill are scheduled to auto-pay that day. If we decide not to pay those into overdraft, we’ll give you more time to make a deposit and have your transactions paid with 24-Hour Grace.
Make a deposit or transfer that covers the total amount of your possible return transactions, plus any new transactions that are being processed that day, and we’ll pay your transactions. In this example, a deposit of at least $1,490 ($1,500 mortgage + $100 electric bill - $60 account balance- $50 cushion ¶) would be enough to pay your transactions. Any deposit less than $1,490 would result in both the mortgage and electric bill being returned unpaid even if the deposit was enough to cover one transaction or the other.
Overdrafts & Eligible Returns
If your account is overdrawn and has eligible returns, make a deposit or transfer that brings your account balance positive (or to at least -$50), including new transactions from that day (such as debit card transactions, written checks, and scheduled automatic payments) plus the total amount of possible return transactions, and we’ll waive overdraft fees and pay the possible return transactions.
If your deposit is enough to bring your account balance positive (or to at least -$50) but not enough to cover the total amount of possible return transactions, we’ll waive the overdraft fees but your possible return transactions will be returned unpaid and you may incur merchant fees.
Example:
Let’s say you have $60 in your account when you spend $200 on groceries with your debit card. That same day, the $700 check you wrote to cover rent is being processed. With 24-Hour Grace, we’ll give you more time to make a deposit, avoid overdraft fees, and have your transactions paid (if we decide not to pay your rent into overdraft).
Make a deposit or transfer that brings your account balance positive, including new transactions that are being processed that day, plus the total amount of your possible return transactions, and we’ll waive the overdraft fees and pay your rent. In this example, a deposit of at least $790 ($700 rent + $200 groceries - $60 account balance - $50 cushion ¶) would be enough to waive all overdraft fees and pay your rent. A deposit less than $790 but enough to bring your account balance above -$50 would waive the overdraft fees, but your rent would be returned unpaid. A deposit of less than $90 would result in overdraft fees charged and your rent would be returned unpaid.
