Whether money’s tight or you sometimes lose track as you move money around, we’ve got your back with a little extra protection. VyStar offers an overdraft protection plan as well as our Courtesy Pay service to help you avoid multiple overdraft fees.
An overdraft protection plan safeguards your account by automatically transferring funds from a linked account (e.g. savings, money market, line of credit or an alternate checking account) if there is less in it than needed for a check or automated clearing house (ACH) debit. There are no fees associated with this service, and multiple accounts can be used to protect one account.
Visit any branch or call our Contact Center at 904-777-6000 to make sure you are enrolled in an overdraft protection plan.
VyStar also offers Courtesy Pay as a standard overdraft service. It acts as an extra line of defense against certain returned and/or denied transactions. Courtesy Pay may potentially cover recurring debit card transactions, one-time point-of-sale (POS) purchases and ATM withdrawals.
When using your VyStar account for overdraft protection, you may only transfer the amount of funds currently available in the account. Be sure to check VyStar’s Disclosures for withdrawal limitations.
An unsecured line of credit can also be used to provide overdraft protection. If you apply and qualify for an unsecured line of credit, funds from a line of credit (up to your available credit limit) may automatically be transferred into your checking account in order to pay a check or ACH debit.
Visit any branch or call our Contact Center at (904) 777-6000 to see if you qualify for a signature line of credit.
For all Savings and Money Market accounts, no more than six (6) preauthorized, automatic, Internet, or telephone transfers and withdrawals may be made from these accounts to another account of yours, to a third party, or by check, draft or access card in any statement cycle. If you exceed these limitations, your account may be subject to temporary reclassification or account closure by the Credit Union. Does not apply to Health Savings Accounts or IRA Savings Accounts.