Atlanta 4/6/2012 3:40:00 PM
News / Business

Online Rewards Checking Offers Overdraft Protection

Never worry about overdraft fees again with Rewards Checking from Bank of Internet.  As part of Rewards Checking’s many online banking benefits, overdraft protection is offered in two different ways.  If you choose to use Bank of Internet’s overdraft protection, you can choose to protect your Rewards Checking account through a line of credit or by linking your account to another online savings or money market account.

To protect your online Rewards Checking account from overdrafts, you can choose to protect your account through a line of credit provided by Bank of Internet.  In the event of an overdraft, Bank of Internet will advance the funds into your account up to the limit of your line of credit.

 If you choose to protect your account from overdrafts by linking it to a separate savings, or money market account, the funds will be transferred to your Rewards Checking account in the event of an overdraft.  Funds will continue to transfer to your Rewards Checking account up to the balance of the linked account.

In addition to overdraft protection, Bank of Internet offers a variety of tools and services to help you manage your money online.  From unlimited ATM reimbursements to convenient online and mobile deposits, Rewards Checking makes online banking easy.  Open your own Rewards Checking account and see for yourself how easy total online banking is.