Regions Overdraft Grace

 Regions Overdraft Grace gives you extra time to make a deposit or transfer funds to your account to help you avoid overdraft fees.

You don't have to enroll to take advantage of Regions Overdraft Grace. For the best Overdraft Grace experience and notifications, you should enroll in Online Banking and sign up for both the Overdraft alert as well as the Negative Balance alert.1

Get extra time to make a deposit or transfer and avoid overdraft fees

Deposit or transfer funds by the deadline2

If one business day's transactions overdraw your account’s available balance by more than $5, you’ll have until 8 p.m. Central Time the next business day to add funds to the account.

Deposit or transfer the right amount

As long as your checking account's available balance is positive or isn't overdrawn by more than $5 after nightly processing that next business day, we won't charge you an overdraft fee.

How to know when an overdraft happens

The best way to protect yourself from overdraft fees is to keep tabs on your balance. If your account does become overdrawn, you can be notified in one or more of the following ways:

  • If you log in to online or mobile banking3, you'll see an Overdraft Alert message on your account overview.
  • If you’ve signed up for the Negative Balance and Overdraft alerts1 in Online banking or the Regions Mobile app, you’ll receive an alert by whichever method you've chosen (push, SMS/text4 or email.)
  • If you’re enrolled in online statements, you can review the notice in the Statements menu in both online banking and the mobile app.
  • If you have a current, valid email address associated with your accounts, you'll receive an email.

In an Overdraft Grace period? Get details about the best ways to cover your overdraft and avoid fees

Sign up for overdraft alerts1 to keep up with your balance

Want to find out quickly if you have an overdraft on your account? Sign up for Negative Balance and Overdraft alerts1 through Online and Mobile Banking for up-to-date account information.

  • If you’re not already banking online with Regions, take a few moments to enroll in Online Banking.
  • Make life even easier by downloading the Regions Mobile Banking App so you can monitor your account on the go.
  • Then, log in to Online or Mobile Banking to choose Overdraft Alerts and Negative Balance alerts that you can receive by push, SMS/text4 message and email notification.
  • You’ll get timely notices about pending overdrafts and how you can have paid overdraft item fees waived under Regions Overdraft Grace.

Overdraft Grace details

  • Regions Overdraft Grace gives you an opportunity to avoid Paid Overdraft Item Fees if you overdraw your account. When one business day’s transactions overdraw your account’s available balance by more than $5, you’ll have until 8 p.m. Central Time the next business day to add funds to the account. As long as your checking account’s available balance is positive or isn’t overdrawn by more than $5 after nightly processing for that next business day, we won’t charge you an overdraft fee.

    Note that if the day of your overdraft notice is a Saturday, Sunday or bank holiday, you will have until 8:00 p.m. Central Time the next business day after your overdraft to meet the deposit or transfer deadline.

    Example:

    • Business day 1 - You make a purchase that overdraws the account by $25. (We do not charge an overdraft fee when the available balance on a personal checking account is overdrawn by $5 or less.)
    • Business day 2 - Assuming no other transactions post to the account, including any pending transactions (like debit card transactions) during that night, your account balance will be overdrawn by $25.
      • You'll have until 8 p.m. Central Time to make a deposit of at least $20 to avoid overdraft fees.
      • To help ensure that funds will be available to cover your overdraft, you may want to consider depositing cash at a Regions branch (before branch closing time) or Regions ATM or using Regions Online Banking to transfer funds from another Regions account. Any deposit or credit to the account is eligible to increase the available balance, but not all deposits are guaranteed to qualify you for Overdraft Grace. For example, a check deposit may be subject to a funds availability hold.
    • Business day 3 - If a deposit is posted in time, and your available balance is equal to or greater than -$5, the overdraft fee will not be assessed. However, if a sufficient deposit was not made, or other transactions cause the balance to be lower than -$5, an overdraft fee will be applied to the account.
  • All Regions consumer and Private Wealth Management personal checking accounts (with the exception of Now Checking and SafeGuard Checking) are eligible for Regions Overdraft Grace.
  • You don't have to enroll to take advantage of Regions Overdraft Grace. All Regions consumer and Private Wealth Management personal checking accounts (with the exception of Now Checking and SafeGuard Checking) are eligible for Regions Overdraft Grace.
  • While there's no enrollment required for Overdraft Grace, customers who enroll in Regions Online Banking or use the Regions mobile app3 and sign up for Negative Balance or Overdraft alerts1 will likely receive notices of overdrafts sooner.

    If your account is overdrawn, we'll notify you in one or more of the following ways:

    • If you are a primary account owner and have a current, valid email address associated with your account, you'll receive an email.
    • If you're enrolled in Online Banking or use the mobile banking app, when you log in to review your account, you'll see an Overdraft Alert message in your account overview.
    • If you're enrolled in Online Banking and you've enrolled in Negative Balance or Overdraft alerts, you'll receive a notification by whichever method you've chosen (push, SMS/text4) or email.
    • If you're enrolled in Online Statements, you can review the Regions Overdraft Grace Opportunity Notice for the account in the Statements menu in both Online Banking and the Regions mobile app.
  • To help ensure that funds will be available to cover your overdraft, consider the following options, as long as sufficient deposits or transfers are made before the 8 p.m. Central Time deadline.

    • Deposit cash at a Regions banking office or Regions ATM
    • Use Regions Online Banking to transfer funds from another Regions account.2

    Any deposit or credit to the account is eligible to increase the available balance, but not all deposits are guaranteed to qualify a customer for Overdraft Grace. For example, a check deposit may be subject to a funds availability hold. Learn more about funds availability.

  • To meet the Overdraft Grace deadline, cover the overdraft by making a deposit to your personal checking account or transfer funds from another account by 8 p.m. Central Time the next business day after your available balance is overdrawn. Make sure to consider any outstanding items that might post to your account.

    Note that if the day of your overdraft notice is a Saturday, Sunday or bank holiday, you will have until 8:00 p.m. Central Time the next business day to meet the deposit or transfer deadline.