TDECU Overdraft Protection Services

Protect your checking account against unexpected overdrafts

What is an overdraft?

An overdraft occurs when you spend more than you have in your checking account. We understand life is busy, and you may lose track of how much money is in your account. For this reason, we offer several options to ensure you are covered.

TDECU offers multiple overdraft protection options to cover your transactions even when your checking account has insufficient funds. Firstly, you can set up automatic transfers from your TDECU savings account to your checking account. Secondly, you can arrange for funds to be automatically transferred from your TDECU personal line of credit. Lastly, you can opt in for Courtesy Pay overdraft protection.

What is Courtesy Pay?

Courtesy Pay is TDECU’s overdraft protection service for checking accounts. It covers the payment of checks, electronic transfers, telephone transfers, preauthorized payments from Bill Pay, recurring debit card transactions and ACH drafts and debits when your account becomes overdrawn. This optional service provides an additional layer of security (in addition to automatically transferring of funds from your savings account or a personal line of credit loan) for accidental overdrafts or inadvertent errors that might occur from time to time.

Know your options when you are in a pinch

TDECU provides several different options to ensure your transactions are covered if you have insufficient funds in your checking account. There are three ways we can assist in covering your overdrafts. As a valued TDECU member, you can elect to have any or all of the options available to protect against overdrafts.

Option 1

Transfer funds to your checking account from your TDECU savings account.

Funds are transferred from savings to checking automatically.
Free service
Will only transfer the amount you need to cover the transaction when the item posts.

Option 2

Transfer funds to your checking account from your TDECU Personal Line of Credit Loan.

Funds are transferred from your previously approved Line of Credit Loan automatically.
No fee for transferring funds
Only the amount needed to cover the transaction will be transferred.
Revolving line of credit where you only pay for the amount you borrowed (plus interest based on the outstanding balance.

Option 3

Cover your transaction with TDECU Courtesy Pay overdraft protection.

Courtesy pay covers your checking account for the payment of checks, electronic transfers, telephone transfers, preauthorized payments from Bill Pay, recurring debit card transactions and ACH drafts/debits.
A per-transaction fee of $32 will apply for each instance of Courtesy Pay, with a maximum of two charges per day.
You must be over 18 years of age, a member in good standing with a checking account opened for at least 60 days, and you are making regular deposits into your account.
Courtesy Pay does not cover ATM transactions¹ and every day non-recurring debit card transactions for purchases such as groceries, gas, or coffee without providing your consent to allow for their payment by completing an Opt-In request.
For more information on covering ATM and every day debit card transactions with Courtesy Pay, click here.

Courtesy Pay covers overdrafts:

Up to $200 on Restart Checking accounts
Up to $600 on Free Checking accounts
Up to $800 on High-Yield Checking accounts
Up to $800 on Value Plus Checking accounts

Courtesy Pay

If you choose to not enroll into Courtesy Pay, and your account is not set up with other overdraft protection services (such as automatic transfers from savings, or a Cash $tash line of credit), then transactions on insufficient funds will be declined at the point-of-sale and any attempted transactions, such as checks or ACH, will be returned as insufficient funds which may result in an NSF charge on your account plus fees charged by the merchant.

Stay informed and avoid overdrafts

The TDECU Digital Banking app offers several ways for you to stay on top of your finances. Take advantage of the following features to keep your checking account in good standing:

Check your account balance on the go

Track spending and create budgets

Set balance alerts to avoid overspending

Ready to select your overdraft protection service?

We are here to help you choose the best way to protect your checking account.

Find a Location Call (800) 839-1154

¹Federal regulations require that you opt in to provide us with your consent for Courtesy Pay to be available as an overdraft option for debit card and ATM transactions. However, Courtesy Pay is a standard option for overdrafts on checks, ACH transactions, and Bill Payment from your checking account as long as long as account conditions described above are met.