Overdraft protection

Overdraft protection covers transactions that cause an overdraft, or your available balance to go negative You can link up to three eligible* U.S. Bank accounts to your checking as overdraft protection. Credit products used for overdraft protection may be subject to additional charges such as annual fees, cash advance fee and interest charges that will accrue on the amounts advanced.

*Eligible accounts with U.S. Bank include savings, money market, secondary personal checking, reserve line of credit, credit card, personal line of credit and home equity line of credit.

See also: How does overdraft protection work?

Overdraft coverage

Standard Overdraft Coverage
Most consumer checking and money market accounts automatically come with standard overdraft coverage. The exception is Safe Debit accounts, which aren't eligible for overdraft coverage. Under Standard Overdraft Coverage we will authorize and pay overdrafts for these types of transactions at our discretion:

• Checks and other transactions using your checking account number.
• Automatic bill payments
• Recurring debit card transactions (e.g., monthly phone bill or membership fees)

ATM & Debit Card Overdraft Coverage
In addition to standard overdraft coverage, you can choose to cover your ATM/debit card transactions. If you say "yes", the following transactions may be paid and an Overdraft Paid Fee may be charged. If you say "no", the following transactions will be declined.

• ATM withdrawals
• Everyday debit card transactions

See also: How does overdraft coverage work?