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Overdraft Services

Because sometimes, the unexpected happens and you need to use tomorrow’s money, today.

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Accidents happen. Stay protected during your everyday spending.

Account overdrafts are often unexpected and occur while you’re going about your daily business. Based on your Wellby account type, you’ll have a range of overdraft protection services to rely on when the unexpected happens. 

Overdraft Protection

Overdraft Protection allows you to link a Wellby savings account or a line of credit as a backup in case of accidental overdrafts occur. When an overdraft occurs on your checking account, the exact amount needed to prevent the overdraft is transferred from your linked account with no additional transfer fee, ensuring enough funds are available. Overdraft Protection covers all transactions, including ACH, checks, ATM, and debit card purchases.

Available Accounts

  • Wellby Secure Spending
  • Wellby Achievement Card
  • Wellby Early Start Card
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Overdraft Steward

Wellby Overdraft Steward is an optional service that will cover checks and Automated Clearing House (ACH) transactions for a fee when there is not a sufficient available balance in your eligible Wellby Secure Spending or Wellby Spending Plus accounts up to a certain limit amount, for which you must meet certain criteria.

Wellby Overdraft Steward with Debit Card Coverage is an optional service that will cover Point-of-Sale (POS) Debit Card transactions for a fee when there is not a sufficient available balance in your Wellby Secure Spending or Wellby Spending Plus accounts up to a certain limit, for which you must meet certain criteria.

Available Accounts

  • Wellby Secure Spending

 

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Overdraft Services FAQs

Learn more about our overdraft services and how you can opt-in today.

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Common Questions

What is an Overdraft?
What Overdraft Services are offered by Wellby?
What transactions are covered by Wellby’s overdraft services?
How do I add, change, or remove overdraft services?
How much time do I have to pay an overdraft?