One example of an overdraft protection option is “protection by linked accounts,” this authorizes the Bank to make an automatic transfer from another of your accounts in order to cover items bought with insufficient funds. As per federal regulations, this is one of six transfers from a savings account to a checking account allowed per calendar month.
Another program that is unique to Second Chance Checking is the ability to make cash deposits into your account. MoneyPak allows you to take money to one of the participating retail locations, buy a MoneyPak at the register and make the deposit from your phone or computer.
For more information, visit NetBank.com or call 1-866-759-7661 to open a Second Chance Checking account today.