With Bank of Internet Rewards Checking you’ll never have to worry about getting an overdraft again. As part of the many benefits and features of a Rewards Checking account, overdraft protection can protect your account from those pesky overdrafts and the fees associated with them.
Using overdraft protection for your Rewards Checking can help bring you some peace of mind. You’ll never have to worry about running out of money or wonder if that check you wrote is going to bounce.
With Bank of Internet you get two options to protect your account. You can opt for overdraft protection either through a line of credit, or by linking your checking account to another online savings account or money market account.
By using a line of credit to protect your account from overdraft, you agree to allow Bank of Internet advance funds into your account should an overdraft occur. Bank of Internet will continue to advances to your account as needed up to the limit of your line of credit. Best of all, Bank of Internet won’t even charge you an advance fee, so you can truly dodge the financial burn of overdraft fees.
Linking your Rewards Checking account to an online savings or money market account is easy to do. Setting up your account is easy to do and can be done online. Once your account is link, you can feel confident with every check you write. If you should happen to have insufficient funds in your account, the amount will automatically be drawn from your linked accounts to prevent an overdraft. Funds will continue to post up to the balance of the linked accounts. Due to regulations, savings and money market accounts are limited to a maximum of six transactions per month.
Bank of Internet is making online banking easier than ever. Opening a Rewards Checking account is as easy as clicking away. Visit Bank of Internet today to see how a Rewards Checking account can help you.