Overdraft Protection

Overdraft Protection keeps your finances moving forward

Avoiding an overdraft starts with having the right tools in place. With a few simple options, you can stay in control of your account and handle surprises with confidence. Start with easy ways to stay ahead.

Discretionary Privilege Pay

Even with the best planning, timing doesn’t always line up. Discretionary Privilege Pay helps ensure your payments, purchases and withdrawals go through smoothly, even when your balance dips.

Covers checks, debit card purchases & ATM withdrawals
$36 fee applies only when the service is used
Restore positive balance to keep service active

Opt-In or Out

Ready Cash Line of Credit

It's all in the name with this option – cash is immediately available whenever you need it. Open this line of credit as overdraft protection for your checking account, or use it to fund special projects. There's plenty of flexibility so you can address anything that pops up.

Quickly advance funds through Digital Banking for instant access
Pay interest only on the funds you use – there's no cost to open this line as a financial safety net

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Move money from savings

Automatic transfers from savings can help cover purchases and scheduled payments when your checking balance runs low. It is a simple way to stay protected.

Transfers follow a few easy rules
• Each transfer has a $6 fee taken from your Savings
• Transfers are made in $100 increments
• If less than $100 is available, we move what is there
• If there is not enough to cover both the transfer and the fee, no transfer is made and no fee is charged

Once you are set up, transfers happen automatically whenever your checking needs it. Stop into a branch or give us a call to get started.

Set up debit alerts in digital banking

Debit alerts help you stay on top of your balance. Set an amount that works for you, get notified early, and take action before your balance gets too low. Turn them on in digital banking in just a few steps.

Start by logging in and going to Alerts.
• On desktop, look for Alerts in the main menu
• On mobile, tap More, then Alerts

Choose the checking account you want alerts for.

Turn on Debit Card Purchase Alert and set the minimum amount that should trigger a notice.

Pick how you want to get your alerts by text, email, or push. Save your settings and you are set.

Level up your finances - from your home or on-the-go

Digital Banking

Check your account balances anytime, anywhere

Transfer funds between Ideal CU or other banks

Monitor your budget and manage spending habits

Manage your debit cards easily with Card Controls

Chat with IDA for quick help by phone or online

Create and track your personal savings goals

Disclaimers

*A Premium Overdraft Fee of $36 will be imposed for each overdraft created by checks, ACH transactions or other electronic means, as applicable. Account balance must be brought to a positive available balance within every 30 day period. Ideal CU in its sole and absolute discretion can cease paying overdrafts at any time without prior notice.

With Discretionary Privilege Pay, Ideal Credit Union may pay overdrafts within the discretionary overdraft privilege limits, but payment by Ideal Credit Union is a discretionary courtesy and not a right or obligation. The limits on this discretionary overdraft service for consumer and business checking accounts are dynamic, meaning they can change daily based on specific account activity. Any and all fees charged, including without limitation the non-sufficient funds fees, will be included in the dynamic daily limit. You agree to hold the credit union harmless for any and all liability that may otherwise exist if an overdraft payment does not occur.