We understand that life is busy. From time to time, anyone can lose track of how much money is available in their checking or money market account. Regions wants you to know that when you get caught short of funds, you have options. Regions has services to help you when you need available funds – Regions Overdraft Protection and Standard Overdraft Coverage. Both services may be available to eligible customers.
With Regions Overdraft Protection, your checking or money market account is linked to a funding account, such as a savings, money market, credit card, or even a line of credit. If you do not have available funds in your checking account to cover a transaction, overdraft protection will automatically transfer money to your checking or money market account in increments of $100 to reduce or eliminate the amount of the overdraft, subject to a transfer fee of up to $15 each day a transfer occurs. Regions Overdraft Protection is also used to authorize Check Card and ATM transactions, helping ensure these transactions are not declined.
Set up Overdraft Protection by linking your accounts today. Visit your nearest branch, call 1-800-REGIONS, or log onto online banking.
Standard Overdraft Coverage
Regions Standard Overdraft Coverage is a service we provide on many checking accounts that may cover transactions if you overdraw your account. If we make Standard Overdraft Coverage available to you, we may pay your check, ACH, and recurring debit card transactions even if you don't have enough money in your account, which may result in an overdraft fee. If you opt in to Standard Overdraft Coverage for ATM and everyday Checkcard transactions, we may authorize and pay your ATM and non-recurring debit card transactions into overdraft, which can save you the embarrassment of declined transactions. Our Paid Overdraft Item (and returned item) fee is $36 and is subject to change.
If you decide you do not want Standard Overdraft Coverage for ATM and everyday Checkcard transactions, your Checkcard and ATM transactions will be declined when your available balance is insufficient to cover the transaction. This will not prevent all overdrafts – it means we will decline to authorize transactions at the point of sale or withdrawal if the money is not available at the time of the transaction.