We’ve received a lot of questions concerning the Overdraft Courtesy Pay opt-in or opt-out program at here America First. I had a few myself and decided to find out more.
Overdraft Courtesy Pay has two different options for debit card purchases:
Opt in: If you decide to opt in, we will allow for any charges made on your debit card to go through, even if funds are not available in your Checking Account and/or your Line of Credit. In this case, if you opt in, the charge will be processed and you will be assessed a $20 fee. This is available for members who want this emergency money available. It allows for the charges to be brought on your account to $500 dollars negative. There is no cost to opt in.
Opt out: If you choose to opt out, then your debit card purchases will not go through if you do not have funds available. If you have no money in your Checking Account and your Line of Credit is maxed out, the charge will not be processed and you will not be assessed the $20 fee — your debit card purchases will be declined.
Let us know if you want to opt in to Overdraft Courtesy Pay. You can come into the branch, call us at 1-800-999-3961, send an email to support@americafirst.com or click to www.americafirst.com/courtesypay to either opt in or opt out. This program does not apply to checks — only to debit cards.
Does this clarify opting in or opting out to Overdraft Courtesy Pay or what other questions do you have concerning this feature?