Overdraft Services for Consumer (Personal) Accounts - Wells ...

Learn how Wells Fargo overdraft protection and overdraft services can cover your transactions when you don't have enough money in your checking account. Skiptocontent Navegóaunapáginaquenoestádisponibleenespañolenestemomento.Seleccioneelenlacesideseaverotrocontenidoenespañol.Páginaprincipal ComienzodeventanaemergenteEstapáginasoloestádisponibleeninglésSelecioneCanceleparapermanecerenestapáginaoContinúeparavernuestrapáginaprincipalenespañol.CanceleContinúeFindeventanaemergente Personal CheckingAccounts OverdraftServicesforConsumer(Personal)Accounts OverdraftServicesforConsumer(Personal)Accounts WellsFargooffersmanyservicestohelpyoumanageyouraccountandavoidoverdrafts. TheinformationonthispagepertainstoConsumeraccounts.Viewmoreinformationonoverdraftservicesforbusinessaccounts. 1.OverdraftRewind®WiththisautomaticfeatureforConsumercheckingaccounts,whentheBankreceivesyourelectronicdirectdepositby9:00amlocaltime,wewillcalculateanewaccountbalancethatincludesthependingdirectdeposit(lessanypendingdebits).Ifthisnewlycalculatedbalancecoverstransactionsthatresultedinoverdraftfeesduringthepriorbusinessday'snightlyprocessing,wewillwaiveorrefundthosefees.Wemayalsoreversereturneditem(non-sufficientfunds/NSF)decisions.Learnmore2.Online,Mobileand/orTextBankingToolsMonitoryouraccountactivity,transferfunds,andsetupalowbalancealert.See"AvoidingOverdrafts"belowfordetails.ConsiderouroptionalOverdraftServices:Weoffertwooverdraftservicestohelpyoumanageyourcheckingaccount.Bothservicesareoptionalandcanbeaddedorremovedatanytime.Ifyouareenrolledinbothservices,wewillfirstuseOverdraftProtectiontocoveryourtransactions.Optionaloverdraftservices,suchasOverdraftProtectionandDebitCardOverdraftServices,arenotavailableforClearAccessBankingSMaccounts.3.OverdraftProtectionYoucanlinkuptotwoeligibleaccounts(onesavings,onecredit)toyourcheckingaccount,andwewilluseavailablefundsinthelinkedaccount(s)toauthorizeorpayyourtransactionsifyoudon'thaveenoughmoneyinyourcheckingaccount.See"OverdraftProtection"belowfordetails.   Tip   Takethetourandseehowtohelpavoidoverdraftfees. 4.DebitCardOverdraftServiceYoucanchoosewhetheryourATMandeveryday(one-time)debitcardtransactionsmaybeapproved,attheBank'sdiscretion,ifyoudon'thaveenoughmoneyinyourcheckingaccountorinaccountslinkedforOverdraftProtectionatthetimeofthetransaction.IfDebitCardOverdraftServiceisusedtoapproveatransactionintooverdraft,ourstandardoverdraftfeeof$35peritemwillapplyunlessacoveringdepositortransferismadebeforethecut-offtimeonthesamebusinessday.See"DebitCardOverdraftService"belowfordetails.YoucanlearnmoreaboutthesetwooptionalservicesinthesectionsbeloworbyreferringtoourcurrentDepositAccountAgreement. ManageOverdraftServices SignOn OverdraftServicesincludesOverdraftProtectionandDebitCardOverdraftService. OverdraftProtection EligibilityYoucanlinkuptotwoeligibleWellsFargoaccounts(onesavingsandonecreditaccount)tooneWellsFargocheckingaccountforOverdraftProtection.Ifyoulinktwoaccounts,youmaytelluswhichaccounttousefirsttotransfer/advancefunds.Ifyoudonotspecifyanorder,wewillfirsttransferfundsfromyourlinkedsavingsaccount.Ifyoulinkacreditcard,thecreditcardmustbeconfirmedinorderfortheBanktotransferfundsforOverdraftProtection.Ifthecreditcardisnotconfirmed,nomoneywilltransfertocovertheoverdraft.Onceyourcreditcardhasbeenconfirmed,pleaseallowupto3businessdaysforyourOverdraftProtectionservicetobefullyenabled. OverdraftProtectionisnotavailableforClearAccessBankingaccounts.YoucanviewyoureligibleaccountsbysigningontoOnlineBanking,talkingwithabranchbanker,orcallingaphonebankerat1-800-TO-WELLS(1-800-869-3557).FeesTherearenoOverdraftProtectiontransferoradvancefeesforConsumeraccountsenrolledintheservice.OverdraftProtectionadvancesfromacreditaccountaccrueinterestfromthedateeachadvanceismade.Seeyourcreditaccountagreementfordetails.Foradditionalinformation,pleasealsorefertoyourspecificaccounttypeintheConsumerAccountFeeandInformationScheduleoryourBusinessAccountFeeandInformationSchedule(PDF).Add,ChangeorRemoveOverdraftProtectionYoucanadd,changeorremoveOverdraftProtectionbysigningontoOnlineBanking,talkingwithabranchbanker,orcallingaphonebankerat1-800-TO-WELLS(1-800-869-3557). DebitCardOverdraftService KeyinformationYoucanchoosehowWellsFargohandlesyourATMandeveryday(one-time)debitcardtransactionsintheeventthatyoudon'thaveenoughmoneyinyourcheckingaccountorinaccountslinkedforOverdraftProtectionatthetimeofthetransaction.Thepaymentoftransactionsintooverdraftisdiscretionary,andwereservetherightnottopay.EligibilitySomeConsumercheckingaccountsarenoteligibletoenrollinDebitCardOverdraftService,includingClearAccessBankingandTeenCheckingSMaccounts.FeeOurstandardoverdraftfeeof$35peritemwillapplyifDebitCardOverdraftServiceisusedtoapproveatransactionintooverdraftandacoveringdepositortransferisnotmadebeforethecut-offtimeonthesamebusinessday.IfyourcheckingaccountisnotenrolledinDebitCardOverdraftServiceandyoudon'thaveenoughmoneyinyourcheckingaccountorinaccountslinkedforOverdraftProtection,ATMandeveryday(one-time)debitcardtransactionswillbedeclinedatthetimeofthetransaction.Therearenofeesfordeclinedtransactions.See"AvoidingOverdrafts"belowforadditionalWellsFargoservicesthatcanhelpyoumanageyouraccountandavoidoverdraftsordeclinedtransactions.AddorRemoveDebitCardOverdraftServiceAnyaccountholderwithtransactionauthorityontheeligiblecheckingaccountcanaddorremovetheserviceatanytimebyvisitingaWellsFargoATM(selectMoreChoices,WellsFargoServices),throughOnlineBanking,talkingwithabranchbanker,orcallingaphonebankerat1-800-TO-WELLS(1-800-869-3557). AvoidingOverdrafts Considertheseservicesandtipstohelpyouavoidoverdrafts.Keeptrackofyourtransactions:Recordeverydepositandwithdrawal—includingchecks,debitcardpurchases,cashwithdrawals,andrecurringpaymentsyou'vesetupsuchasyourcarpaymentorgymmembership.VisitanyWellsFargobankinglocationforafreecheckregister.Don’tforgetoutstandingtransactionsThecurrentavailablebalanceprovidedbytheBankmaynotincludeallyourtransactions,suchaschecksorupcomingautomaticpayments.KeepacushioninyouraccountBykeepingalittleextrainyourcheckingaccount,youcancoveranyoutstandingtransactionsthatdon’tyetappearinyouravailablebalanceandavoidoverdrafts.Reviewyourstatements:Reconcilebankstatementswithyourrecords.UseWellsFargoOnline®andWellsFargoMobile®—youcanconvenientlyandsecurelyaccessandmanageyourmoneyfromyourcomputer,tablet,ormobiledevice:MobileBanking—Bankonthegousingyourmobiledevice.Monitoraccountactivity,transfermoney,anddepositchecksusingourapps.LearnmoreaboutMobileBanking.AccountAlert—Stayinformed.Setupalowbalancealerttobenotifiedbyemail,textmessage,orpushnotificationassoonasyouraccountbalancereachesanamountyouspecify.Signuptoreceiveaccountalerts.WellsFargoOnlinewiththeMyMoneyMapservice—Stayontrack.ReviewpurchasesandpaymentsmadewithyourWellsFargocreditcard,debitcard,andBillPay,andcreateabudgettomanagemonthlyspending.LearnMoreaboutMyMoneyMap. OverdraftFAQs Whatisanoverdraft? Anoverdraftisanegativebalanceinyouraccount.AnoverdraftoccurswhenyouspendmoremoneythanyouhaveavailableinyourcheckingaccountandtheBankpaysyourtransactionanyway. Isanoverdraftdifferentfromareturneditem? Yes.Areturneditem/non-sufficientfunds(NSF)itemoccurswhenWellsFargoreturnsanitem(suchasacheckorothertransactionpresentedforpayment)unpaidbecausethereisnotenoughmoneyintheaccounttocoverit(meaning,wedonotpaythetransaction). Whatisthefeeforoverdraftsorreturneditems(non-sufficientfunds/NSF)onConsumeraccounts? Ouroverdraftfeeforitemspaidintooverdraftis$35peritem.WechargenomorethanthreeoverdraftfeesperbusinessdayforConsumeraccounts.Wedonotchargeareturneditem/non-sufficientfunds(NSF)feeforitemswereturnunpaidonConsumeraccounts.However,merchantsorotherbanksmaychargefeesforreturneditems.Note:Wewillnotchargeanoverdraftfeeonitemsthatare$5orless,andwewon’tchargeoverdraftfeesifbothyourendingdailyaccountbalanceandavailablebalanceareoverdrawnby$5orlessafterwehaveprocessedallofyourtransactions.TherearenooverdraftfeesforATMandeveryday(one-time)debitcardtransactionsunlessyouraccountisenrolledinDebitCardOverdraftService,asdescribedabove. CanImakeadepositortransfertoavoidoverdraftfees? Yes.Youcanavoidapplicableoverdraftfeesifyoumakeacoveringdepositortransferbeforethepostedcut-offtimeonthesamebusinessday. WhatisthedifferencebetweenOverdraftProtectionandDebitCardOverdraftService? Bothservicesareoptionalandyoucansignupforoneorbothdependingonyourcheckingaccountandhowyouliketomanageyourmoney.YoudonotneedtohaveDebitCardOverdraftServiceinordertohaveOverdraftProtection.OverdraftProtectionusesavailablefundsfromyourlinkedaccount(s)toauthorizeorpayatransactionifthereisn’tenoughmoneyinyourcheckingaccount.ThereisnofeeforOverdraftProtectiontransfersoradvancesfromaccountslinkedforOverdraftProtectiononConsumeraccounts.Foradvancesfromalinkedcreditaccount,interestaccruesfromthedateofeachadvance.Seeyourcreditaccountagreementfordetails.DebitCardOverdraftServiceallowstheBanktoauthorize,atitsdiscretion,ATMandeveryday(one-time)debitcardtransactionsintooverdraftifthereisn’tenoughmoneyinyourcheckingaccount(orinaccountslinkedforOverdraftProtection)tocoverthetransaction.Anoverdraftfeeof$35peritemwillapplyunlessatransferoracoveringdepositismadebeforethepostedcut-offtimeonthesamebusinessday.Ifthereisnotenoughmoneyinyourcheckingaccount(oraccountslinkedforOverdraftProtection),checksorrecurringbillpaymentsyouhavepre-authorized(suchasautilityorphonebill)usingyourdebitcardorcheckingaccount(ACHpayments)maybereturnedunpaidorapprovedintooverdraftattheBank’sdiscretionwhetherornotyouareenrolledinDebitCardOverdraftService,andourstandardoverdraftfeesapplyforitemspaidintooverdraft. HowmuchdoesWellsFargo’sOverdraftProtectioncover? TheBankwilltransfertheavailablemoneyfromyourlinkedsavingsaccountoradvanceavailablecreditfromyourlinkedcreditaccounttoyourcheckingaccounttocoveranynegativebalance.Aminimumof$25(ortheexactamountofthenegativebalanceifover$25)willbetransferredoradvancedfromyoursavingsaccountorcreditcard.Ifthereisn’tenoughmoneyinthelinkedsavingsorcreditcardaccount(s)tocovertheentirenegativebalance,onlytheavailablemoneyinthelinkedaccount(s)willbetransferred.Advancesfromeligiblelineofcreditaccountsaremadeinincrementsof$100or$300.Seeyourcreditagreementforfulldetails. WhatwillhappenifIdon’thaveenoughmoneyinmyaccounttocoveranATMoreveryday(one-time)debitcardtransactionandIdon’thaveDebitCardOverdraftService? ATMandeveryday(one-time)debitcardtransactionswillbedeclinedatthetimeofthetransaction.Therearenofeesfordeclinedtransactions.IfacheckingaccountisnotenrolledinDebitCardOverdraftServiceandanATMoreveryday(one-time)debitcardtransactioncreatesanegativebalanceduringposting,anoverdraftfeewillnotbeassessed.Pleasebeawarethatchecksorrecurringbillpaymentsyouhavepre-authorized(suchasautilityorphonebill)usingyourdebitcardorcheckingaccount(ACHpayments)maybereturnedunpaidorapprovedintooverdraft(attheBank’sdiscretion)whetherornotyouareenrolledinDebitCardOverdraftServiceandanoverdraftfeewouldbeassessedforitemspaidintooverdraft. HowdoIdecidewhichservicesarerightforme? Reviewthematerialsonthissite,talkwithalocalbranchbankerorcallaphonebankerat1-800-TO-WELLS(1-800-869-3557). HowdoIadd,changeorremoveOverdraftProtection? Youcanadd,changeorremoveOverdraftProtectionthroughOnlineBanking,abranchbanker,ortalktoaphonebankerat1-800-TO-WELLS(1-800-869-3557). HowdoIaddorremoveDebitCardOverdraftService? YoucanaddorremoveDebitCardOverdraftServiceataWellsFargoATM(SelectMoreChoices,WellsFargoServices),throughOnlineBanking,withabranchbanker,ortalktoaphonebankeranytimeat1-800-TO-WELLS(1-800-869-3557).Anyaccountholderwithtransactionauthoritycanaddorremovetheserviceonthecheckingaccount. DoesWellsFargoguaranteemyATMandeveryday(one-time)debitcardtransactionswillbeapprovedwithDebitCardOverdraftService? No.ThepaymentofanytransactionintooverdraftremainsadiscretionarydecisionofWellsFargoandwereservetherightnottopay.Forexample,wetypicallydonotpaytheseitemsifyouraccountisoverdrawnorifyouhavehadexcessiveoverdrafts. WhatoverdraftservicesapplytomyClearAccessBankingaccount? OurstandardoverdraftcoveragedoesnotapplytoClearAccessBankingaccounts,andyoucannotrequestthatitbeaddedtoyouraccount.WithClearAccessBanking,ifyoudonothaveavailablefundsinyouraccountatthetimeofatransaction,wewill:Returncertainpayments(suchasACHpayments)unpaid.NotauthorizeATMandeveryday(one-time)debitcardtransactionsintooverdraft.Notauthorizeothertransactions(suchasrecurringdebitcardtransactionsorBillPaytransactions)intooverdraft.Optionaloverdraftservices,suchasOverdraftProtectionandDebitCardOverdraftService,arealsonotavailableonthisaccount.ReferencesinyourDepositAccountAgreementandConsumerFeeandInformationScheduletostandardoverdraftcoverage,OverdraftProtection,andDebitCardOverdraftService,includingassociatedoverdraftfees,arenotapplicabletoClearAccessBankingaccounts. Onthemorningofeverybusinessday,wewillreviewyouraccounttodetermineifyoureceivedanelectronicdirectdepositafterthepriorbusinessday'snightlyprocessing.Ifadirectdepositisreceivedby9:00a.m.localtimewhereyouraccountislocated(notedonyouraccountstatement),wewillcalculateanewaccountbalancethatincludesthependingdirectdeposit(s),lessanypendingdebits.Ifthisnewlycalculatedbalancecoverstransactionsthatresultedinoverdraftfeesduringthepriorbusinessday'snightlyprocessing,wewillwaiveorrefundthosefees.Wemayalsoreversereturneditem(non-sufficientfunds/NSF)decisions.OverdraftRewind®doesnotreversethetransferoradvanceoffundsfromalinkedOverdraftProtectionaccount.TheBankreceivesmostdirectdepositsthroughtheAutomatedClearingHouse(ACH)networkbefore9:00a.m.Directdepositsincludeyoursalary,pension,SocialSecurity,orotherregularmonthlyincomeelectronicallydepositedthroughtheACHnetworkbyyouremployeroranoutsideagency.Otherdeposits,suchascheck(s),cash,oraccounttransfersreceivedafterournightlyaccountprocessing,arenotincludedforpurposesofOverdraftRewind. Sign-upmayberequired.Availabilitymaybeaffectedbyyourmobilecarrier'scoveragearea.Yourmobilecarrier'smessageanddataratesmayapply. DebitCardOverdraftServiceisanoptionalservicethatcustomerscanaddorremoveatanytime.Itisnotavailableforcertainaccounts,suchasClearAccessBankingSMaccounts,TeenCheckingSMaccounts,orsavingsaccounts.DebitCardOverdraftServiceisofferedatthediscretionofWellsFargoandmayberemovedbythebankatanytimeforavarietyofreasons,includingexcessiveoverdraftsorreturneditems,asdeterminedbythebank. OuroverdraftfeeforConsumercheckingaccountsis$35peritem(whethertheoverdraftisbycheck,ATMwithdrawal,debitcardtransaction,orotherelectronicmeans),andwechargenomorethanthreeoverdraftfeesperbusinessday.OverdraftfeesarenotapplicabletoClearAccessBankingSMaccounts.TheoverdraftfeeforWellsFargoTeenCheckingSMaccountsis$15peritemandwewillchargenomorethantwofeesperbusinessday.Recurringdebitcardpaymentsandothertransactions,suchaschecks,BillPay,orACHtransactions,maycontinuetobeauthorizedintooverdraftatourdiscretionifthereisn’tenoughmoneyintheaccount,eveniftheaccountisnotenrolledinDebitCardOverdraftService,andourstandardoverdraftfeesandpolicieswillapply.Thepaymentoftransactionsintooverdraftisdiscretionaryandwereservetherightnottopay.Forexample,wetypicallydonotpayoverdraftsifyouraccountisoverdrawnoryouhavehadexcessiveoverdrafts.Youmustpromptlybringyouraccounttoapositivebalance. Thefullbalanceofcheckdepositsmaynotbeimmediatelyavailableifaholdisplaced.DepositsaresubjecttotheBank’sfundsavailabilitypolicy. Availablebalanceisthemostcurrentrecordwehaveaboutthefundsthatareavailableforyouruseorwithdrawal.Itincludesalldepositsandwithdrawalsthathavebeenpostedtoyouraccount,thenadjustsforanyholdsonrecentdepositsandanypendingtransactionsthatareknowntotheBank.Thisbalancemaynotreflectallofyourtransactions,suchaschecksyouhavewrittenordebitcardtransactionsthathavebeenapprovedbutnotyetsubmittedforpaymentbythemerchant. MobiledepositisonlyavailablethroughtheWellsFargoMobile®app.Depositlimitsandotherrestrictionsapply.Someaccountsarenoteligibleformobiledeposit.Availabilitymaybeaffectedbyyourmobilecarrier'scoveragearea.Yourmobilecarrier'smessageanddataratesmayapply.SeeWellsFargo’sOnlineAccessAgreementandyourapplicablebusinessaccountfeedisclosuresforotherterms,conditions,andlimitations. Termsandconditionsapply.SetupisrequiredfortransferstootherU.S.financialinstitutions,andverificationmaytake1–3businessdays.CustomersshouldrefertotheirotherU.S.financialinstitutionsforinformationaboutanypotentialtransferfeeschargedbythoseinstitutions.Mobilecarrier’smessageanddataratesmayapply.SeeWellsFargo’sOnlineAccessAgreementformoreinformation. DepositproductsofferedbyWellsFargoBank,N.A.MemberFDIC. LRC-0121 AlreadyhaveanaccountwithWellsFargo? Signontomanageyouraccount AddDebitCardOverdraftServicetoyouraccountbyphone: Consumer:1-800-TO-WELLS(1-800-869-3557)Business:1-800-CALL-WELLS(1-800-225-5935)Consumers:Pleasereadthisfederallyrequirednoticeaboutoverdraftsandouroverdraftfees(PDF)beforeaddingtheservice. HowdoI… ViewmystatementonlineLearnmoreaboutmanagingmymoneySwitchbanks Stillhavequestions? CallUs Callus24hoursadayat1-800-869-3557EnEspañol:1-877-727-2932 GiveUsFeedback Thisbalancemaynotreflectallofyourtransactions,suchaschecksyouhavewrittenordebitcardtransactionsthathavebeenapprovedbutnotyetsubmittedforpaymentbythemerchant.