Bank of Internet has plenty to offer through its Rewards Checking. From easy and convenient online banking services, to unlimited ATM reimbursements and Purchase Rewards, Rewards Checking has a lot to offer. But if you’ve ever had an overdraft, you know how expensive they can be and how helpful overdraft protection can be to your account.
By opening a Rewards Checking account with Bank of Internet, you will be provided with two options to protect your account from overdrafts. You can either protect your account with a line of credit, or by linking your Rewards Checking to another account. Whatever option you choose, you can be confident that your account will be safe from those pesky overdraft fees.
If you select to protect your account through a line of credit, Bank of Internet will advance funds to your online checking in the case of an overdrawn check. Bank of Internet will continue to advance funds into your account up to the limit of your line of credit. There isn’t even a charge for the advance.
Your Rewards Checking account can also be linked to an online savings or money market account. By linking your accounts together, your account will automatically draw from the balance of another account should an overdraft take place. These transfers will continue to take place up to the balance of the linked account.
Because of Bank of Internet’s commitment to convenient online banking, opening a Rewards Checking account and setting up your overdraft protection is incredibly easy. You don’t even have to go to a bank. All you have to do is get together $100 to open your account, and then visit Bank of Internet online to set up your account today.