Navigation Menu

How we handle
overdrafts

A commonsense approach that's designed to help you avoid many typical overdraft situations and fees.
woman looking at laptop at desk

Overdraft Overview

Life is complicated. It's easy to lose track of how you're spending your hard earned money. Even if you're on top of your finances, overdrafts may happen.

Overdrafts occur when you don't have enough money in your account to cover a transaction, but we pay it anyway. Items presented for processing may be paid or returned and fees may be charged. Overdraft fees can add up, but they don't have to. We're here to help you understand your options.

Our commonsense Overdraft Policy makes it easier to avoid fees.

Red outline of a hand holding a mobile phone

Santander Safety Net

Our overdraft threshold is $100, meaning if we pay a transaction that causes your account's balance to be overdrawn by $100 or less, we will not charge an overdraft fee.
Red outline of an ATM card coming out of an ATM

Daily Overdraft Fee Cap

Our daily overdraft cap is three (3), meaning you won't be charged more than three (3) times a day for items we pay into overdraft.

Red dollar sign and arrows pointing left and right

No Overdraft Protection Transfer Fee

We don't charge an Overdraft Protection Transfer Fee, meaning you won't be charged when we transfer funds to your overdrawn checking account from your linked deposit account. 

Learn more about our Overdraft policies and the options available to you

Overdraft Election

Learn about your options and select how you would like us to process your overdrafts.

Overdraft Fees

Learn about your options and select how you would like us to process your overdrafts.

Overdraft Protection

The Overdraft Protection options we offer help reduce your overdraft fees.

Helpful Tools to Avoid Overdrafts

We offer helpful tools you can use to monitor your account, help prevent overdrafts, and reduce overdraft fees.