Overdraft & Courtesy Pay
FAQs
If you don't see your question here, text us at (435) 723.3437. We are happy to help!
What is the maximum amount that Courtesy Pay will cover?
$600
How does Courtesy Pay work?
If you overdraw on your checking, we may cover the amount charged anyway, saving you from the embarrassment and frustration of a declined card. A $25 fee is assessed for this service, but you may save money on bounced checks and merchant fees. If there are available funds in the member’s savings account, the funds will be transferred to checking before Courtesy Pay occurs. Courtesy Pay is for accounts in good standing, has a maximum coverage amount of $600, and may not become effective for the first 90 days of a new account.
How does Overdraft Protection work?
Overdraft Protection is a line of credit that's linked directly to your account. If you overdraw on your checking, it steps up to cover the costs—so that you don't have to pay hefty insufficient funds fees. From there, it works like a simple loan from Elevate. Pay it off right away to avoid interest, or as you can for a low rate. To opt in to Overdraft Protection, contact us at any time.
