Mistakes happen. That’s why Bellwether offers Courtesy Pay, a special service available to eligible members to help out when you accidentally overdraw your account.
With Courtesy Pay (or one of our other overdraft options) shortages can be covered, allowing your transaction to be processed as you’ve requested. This benefit covers eligible overdrafts up to $500.00 (including fees), at Bellwether's discretion.*
Courtesy Pay is subject to a fee of $28 per instance (with a $100 per day maximum charge). This is the same per instance fee we charge for non-sufficient funds [NSF], but also provides you with:
- Protection from merchant returned check charges.
- Protection of your credit.
- Protection from the embarrassment of non-sufficient funds and returned checks.
Two Options for Courtesy Pay
Option #1 - Courtesy Pay for checks & automated clearing house/electronic payments (ACH)
Option #2 - Courtesy Pay for debit card & ATM transactions.
You can select either or both options. If you don’t make a selection, it will automatically assumed you have declined the service all together. After your initial decision, you may change your Courtesy Pay option(s) at anytime, opting in or out as you feel appropriate.**
NOTE: Courtesy Pay will only be extended if you opt-in for each individual account you want covered.
Other Options for Overdraft Protection
Transferring Funds from a Bellwether Savings Account
You can set up an automatic transfer from your savings account with Bellwether. If you try to complete a transaction but there aren’t sufficient funds, we’ll draw needed funds from your savings account (including any fees) as available. If you do this and also sign up for Courtesy Pay, we’ll access your savings account first for needed funds before using Courtesy Pay and imposing the Courtesy Pay fee of $28 per transaction.
Accessing Funds Available from a Line of Credit
You can apply for a line of credit to be used as Overdraft Protection. We’ll withdraw the funds needed to cover your transaction, from the existing line. Again, if you also have Courtesy Pay, we’ll access the line of credit first before using Courtesy Pay and imposing the Courtesy Pay fee of $28 per transaction. Apply for a line of credit.
These options may have eligibility requirements and be subject to usage or annual fees. Review Bellwether’s Fee Schedule for more details.