In an effort to help you avoid returned checks or declined transactions, we provide protection services called Overdraft Courtesy and Overdraft Protection. These two services can also be used together for extra protection.
Most Old National checking accounts come with Overdraft Courtesy. With Overdraft Courtesy, even if you don’t have enough available money in your checking account, we may still approve and pay checks you’ve written, as well as ACH and recurring debit card transactions (such as utility bills). Overdraft Courtesy does not cost anything unless you use it. When you do, there is a $38 overdraft charge for each item that overdraws your account’s available balance. Beginning the third consecutive calendar day your account balance is negative, there is an $8 daily overdraft charge until your current balance is positive.
We offer Overdraft Protection on some checking products, which would link your checking account to a line of credit or savings account. This service automatically transfers funds when your account balance goes into the negative.
The following fees, which are generally less expensive than being assessed standard overdraft fees, apply to Overdraft Protection: