Overdraft Protection

Navigating finances can sometimes feel like walking a tightrope, especially when unexpected expenses arise. Whether it's a forgotten bill or an unexpected splurge, we offer solutions to help keep you in control of your money.

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Set Up Savings as Overdraft Protection

You can set up a savings account as overdraft protection for your checking account. The funds will pull from the account(s) you choose if there aren’t enough funds in checking to cover the transaction. Simply log into Digital Banking and select Overdraft Protection from the Tools menu or contact us and we’ll set it up for you.

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Apply for a Personal Line of Credit

Use your personal line of credit for overdraft protection and pay off the balance each month to prevent any interest from accruing. There is no annual fee or transfer fee.

Apply Now

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Privilege Pay Overdraft Service

Privilege Pay saves you the extra hassles of dealing with a denied transaction by covering checks, ACHs and bill payments for eligible accounts.* If you would like Privilege Pay to cover everyday ATM/debit card transactions, simply log into Digital Banking, and select Privilege Pay from the Tools menu. There is a $29 fee each time Privilege Pay is accessed. You may opt out of this service at any time through Digital Banking or by contacting us.

How Privilege Pay Works

• Privilege Pay allows you to overdraw your account in order to pay items presented by check, ACH, or bill pay. Everyday debit/ATM transactions are not covered. 
• You can view your Privilege Pay usage at any time by reviewing your statement or Online Banking history.
• The credit union will use your Available Balance when determining if you have sufficient funds to pay an item. Your available balance may be different from your Ledger and/or Current balance, depending upon pending transactions.
• Items are processed in accordance with our clearing order: checks clear in check number order; ACH debits clear in the order that they are presented from the Federal Reserve; and ATM/Debit transactions clear in the order that they are presented from our card processor. 
• We do not have Authorize Positive, Settle Negative (APSN) fees.  A debit card transaction Privilege Pay fee only occurs if the account does not have a sufficient available balance to cover the transaction at the time you initiate the transaction and you have elected to have debit card transactions covered. 
• Once your account is overdrawn, you must restore a positive balance within 30 days, in order to avoid suspension of the service and/or other collection efforts.

*This service is not available for everyone. If you are eligible, it will automatically be added to your checking account(s). Market USA will normally pay overdrafts within Privilege Pay limits; however, payment by Market USA is a discretionary courtesy and not a right or obligation. We may refuse to pay an overdraft for you at any time even though we may have previously paid overdrafts for you. The Privilege Pay service may be withheld by Market USA at any time without prior notice reason or cause.

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Market USA Federal Credit Union is a full-service financial institution with locations in Maryland and South Carolina as well as nationwide locations through the Shared Branch Network.