Add a layer of protection to your finances with an Overdraft Credit Line from Santander Bank.

Overdraft Line of Credit

Even when you plan ahead, checking overdrafts can happen. That’s why you want a bank that offers overdraft protection. With an Overdraft Line of Credit from Santander Bank, you have an extra layer of financial security and convenient access to money when you need it1. If your account becomes unexpectedly overdrawn, your Overdraft Line of Credit automatically covers your debits, purchases and checks up to your available credit limit. And you can easily transfer money from your line directly into your checking account, anytime you need emergency cash1. Enjoy convenient access to an extra layer of protection with Santander Banks’s Overdraft Line of Credit.

Overdraft Protection Line of Credit Features

  • Credit lines of up to $10,000.
  • Speedy access to emergency cash when you need it.
  • No annual fee for Santander Select, Premier or Premier Plus deposit accounts1.
  • Access your line by using a special check or by transferring money via Online Banking.

What Can an Overdraft Line of Credit Be Used For?

Overdraft Protection

Covering debits, purchases and checks when your checking balance isn't sufficient.

Avoid Overdraft Fees

Avoiding unexpected overdraft fees.

Extra Money

Access to emergency cash when the need arises.

Useful Links and Documents


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1 Applications for a Santander Overdraft Line of Credit Account ("Account") are subject to credit approval. The Account provides overdraft protection for a Santander checking or money market savings account ("Linked Account"). The fixed Annual Percentage Rate on the Account is 18.99%. Rates and other terms are accurate as of 03/01/2016 and are subject to change thereafter. You can access your Account by special check (issued at our discretion on your request), counter withdrawal, telephone transfer ($50 minimum), Online Banking and ATM withdrawals using your Santander Debit Card. You can also advance funds via automatic transfer when your Linked Account is overdrawn. One overdraft transfer fee ("Sweep Fee") will be charged to your Linked Account for each day we make a transfer from your Account to cover that day's overdrafts in your Linked Account. Please see your fee schedule for details. An annual fee, if any, will be charged beginning in the first billing cycle after your Account is opened and in about the same billing cycle of each following year. The amount of any annual fee will vary based on the type of deposit account you have with Santander at the time the fee is assessed. The annual fee will be waived as long as you maintain a Santander Select, Premier or Premier Plus deposit account. The annual fee will be $25 as long as you maintain a Santander Preferred account. In all other cases the annual fee will be $50.

In addition to, or as an alternative to an Overdraft Line of Credit Account, you can link your Santander checking account to a Santander savings account for overdraft protection. Ask us about any other overdraft protection options that may be available. You can withdraw funds from your Savings account no more than six (6) times by computer, telephone, preauthorized or automatic transfer, check, or Debit Card purchase each service fee period. Fees apply if you exceed these limits, and if you repeatedly exceed these limits, we will close your account or convert your account to a checking account.

¤ Accounts must be in good stading. Applies to net purchases only.