What is an Overdraft Protection Plan?
Overdraft Protection Plans automatically transfer funds to your checking account before it is overdrawn.
- Savings Overdraft Protection - automatically transfer funds from a linked savings account.
- Overdraft Protection Line of Credit - automatically transfers funds from a linked line of credit.
What is the difference between overdraft protection and a line of credit?
Overdraft protection is a line of credit applied in the event of an overdraft from a checking account.