Optional Overdraft Protection2
Life happens, and it helps to have backup
Set up QuickPay Direct Deposit to access our Overdraft Protection feature. Plus, automatically get paid up to 2 days early3 and enroll in an Optional Savings Account4.
Already have a Card? Log in to access your Account.
When life happens, CARD is here with backup.
Say goodbye to checkout stress with Balance Buffer. Once you’re eligible for Optional Overdraft Protection, you can overdraw your Account up to $10 at no charge. With our 24-hour fee relief, you will not be charged an Overdraft Protection Service Fee if you deposit enough money to bring your balance to zero or to a positive balance within the 24-hour relief window2.
Here’s how to qualify
Set up QuickPay Direct Deposit and enroll in Optional Overdraft Protection2.
Have a CARD Premium Bank Account open for at least 35 days.
Receive Direct Deposits totaling at least $600 to your Account.
Note: Tax and stimulus payments are exempt.
After enrollment, Direct Deposit at least $600 to your Account every 14 days to remain eligible.
How It Works
Benefits of QuickPay Direct Deposit
Paperless and hassle-free
Most employers and benefits providers send out paycheck and benefits information days before your scheduled payment. This way all parties have time to clear your check and post your money.
Money in minutes
QuickPay Direct Deposit doesn’t need the extra time! We post your money online within minutes of notice from your employer or benefits provider.
Hello automated deposits
The best way to know exactly what time your Direct Deposit hits is to get in contact with your employer or benefits provider. Once you know the schedule, CARD will take care of the rest!
Stay Secure and have Peace of Mind
CARD’s security features are designed to give you peace of mind. We are fully accredited and utilize a suite of security features to protect your money.
Common Optional Overdraft Protection2 Questions
What is the optional Overdraft Protection Service?
The optional Overdraft Protection Service allows you to exceed the balance in your Premium Bank Account and drive your balance negative. Each transaction greater than $5 that exceeds your balance and takes you further negative will incur an Overdraft Protection Service Fee of $15 per transaction. You will have 24 hours from the initial transaction that causes you to exceed your balance to deposit enough money to bring your balance to zero or to a positive balance, and if you do so, you will not be charged any Overdraft Protection Service Fees.
Once you have opted into the optional Overdraft Protection Service, you are also eligible for Courtesy Coverage. Courtesy Coverage allows you to overdraw your Account up to $10 at no charge. An Overdraft Protection Service Fee is not charged until the first transaction that causes the negative balance to exceed $10. No Overdraft Fee will be charged on any transaction of $5 or less even if the transaction overdraws the Account by more than $10.
How do I sign up for the optional Overdraft Protection Service?
To qualify for the optional Overdraft Protection Service, you must opt-in, receive at least (2) Direct Deposits to your Account, receive at least $600 in Direct Deposits in the prior 14-day period, and have a positive balance. For initial eligibility, your Premium Bank Account must be open for at least 35 days. You must also agree to the Overdraft Protection Service Account Agreement. You may agree to the Overdraft Protection Service Account Agreement before you are qualified, but you will not have access to the optional Overdraft Protection Service, including the Courtesy Coverage until you have qualified. Should you agree to the Overdraft Protection Service Account Agreement and opt-in to the optional Overdraft Protection Service before you have met the qualification criteria, we will notify you via email once you have met the qualification criteria. You must maintain at least $600 in Direct Deposits every 14 days to become and remain qualified for optional Overdraft Protection.
To view your Agreements, opt-in to the optional Overdraft Protection Service, and see if you are already qualified for the optional Overdraft Protection Service, log into your online account on our website or our mobile app6 and navigate to the optional Overdraft Protection Service page.
How do I opt out of optional Overdraft Protection Service?
Log in to your online account on our website or in our mobile app6 and navigate to the Account Settings page and select the optional Overdraft Protection Service. Select Opt-out.
While you may elect to opt-out of the optional Overdraft Protection Service at any time, any pending authorization(s) will still incur a fee(s), but deactivation will be immediate, and no new transactions will be approved that will cause you to become overdrawn or further overdrawn under the optional Overdraft Protection Service.
You will remain responsible for any negative balance(s) on your Account and agree that any credits or deposits made to your Account will be used to offset any negative balance(s), if any before the deposit is made available to you.
If I opt-out of the optional Overdraft Protection Service, can I elect the Service at a later date?
Yes. You can elect to have the optional Overdraft Protection Service enabled at a later date. However, you will have to meet the optional Overdraft Protection Service qualification criteria again. To enable the optional Overdraft Protection Service, you will have to have received $600 in Direct Deposits for the prior 14-day period and have a positive balance at the time you elect to re-enroll.
Your Money, Your Way
