Your Financial Peace of Mind Is Essential
Even the most careful among us can use a margin of error. It's not right that a person's financial future could be put in jeopardy because of a simple, honest miscalculation. To err, after all, is human.
That's why Bank of Internet USA offers Overdraft Protection as part of its Essential Checking account. With Overdraft Protection, you don't have to worry about having a check returned due to insufficient funds in your account. On the other hand, if you never use Overdraft Protection, you don't have to worry about any fees associated with it. It's there simply if you need it.
Link Accounts to Enable Overdraft Protection
As with our interest-bearing Rewards Checking and Platinum Checking accounts, you can link your Essential Checking account to another Bank of Internet USA checking or Smart Savings Account and use the balance in the linked account to cover the shortfall in your Essential Checking account (up to the full balance of the linked account).
To link your Essential Checking account to another account, log in to your Bank of Internet USA account and send us a secure message including the last five digits of the two account numbers you would like to have linked together (regulations limit savings and money markets accounts to a maximum of six transactions per month).