Overdraft Coverage
When it comes to overdraft coverage, we have several options to help you prevent and cover overdrafts. We have three forms of overdraft coverage available for your Chartway Checking account:
Overdraft Transfer
Link a savings or money market account to your checking account. You can easily transfer
money between your accounts to avoid an overdraft. And the best part? It’s at no cost to you.
Line-of-Credit
Connect your line-of-credit to your checking account to cover your overdrafts. You don’t pay any
transfer fees, and the funds are available as soon as you pay down your balance. The only catch? Personal lines-of-credit are subject to interest and credit approval.
Overdraft Privilege
Chartway offers Overdraft Privilege in two amounts: $750 with an active direct deposit on your checking account and $500 without an active direct deposit on your checking account.
Unlock your potential & extend your Overdraft Privilege Coverage
Would you like to extend your Overdraft Privilege coverage on your Chartway Checking account to include your everyday debit card transactions? If so, you can extend your coverage today by completing the online consent form by clicking the button below.
Any questions about our Overdraft Privilege? Take a look at our Overdraft Coverage Brochure!