February 15, 2013 at 19:50 PM EST
Save Money with Overdraft Protection from Bank of Internet
In the current economic slowdown, overdrafts are increasing. Whether an unexpected financial hardship occurs or the person is simply in between jobs, an overdraft fee is the last thing anyone in this economy needs. It only increases one’s financial burden.

No overdraft fees from Bank of Internet allow people the peace of mind in knowing that their finances are that much more secure. Overdrafts are rarely intentional. They happen by mistake when someone doesn’t realize that their funds are insufficient.

Bank of Internet has two types of Overdraft Protection that help internet checking account holders sidestep overdraft fees:

1) Overdraft Line of Credit

In this scenario, Bank of Internet advances funds to your online checking account to cover an overdrawn check up to the limit of your line of credit. Unlike other banks, Bank of Internet does not charge an advanced fee for this service.


2) Overdraft Protection by Linking Accounts

Link your online checking account to another online savings or money market account. The balance in the linked account will cover any shortfall in your online checking account (up to the full balance of the linked account).


Visit BankOfInternet.com to open an account, or call 1-877-541-2634 to speak with a representative.
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