I have two checking accounts – one with a courtesy pay limit and one without a limit – what are the effects of Opting In vs. Opting Out?
For the account with a courtesy pay limit, opting in will assure you that your account will continue to operate as it does today. Opting out will result in debit and ATM transactions being denied if you have insufficient funds available to cover the authorization. For the account without a courtesy pay limit, opting in will assure you that your account continues to function as it does today. Opting out will stop NSF fees caused by overdrafts for debit and ATM transactions (you could be charged an NSF fee for other types of transactions). However, if you ever switch your courtesy pay privileges to this account, you’ll have to let us know if you want to opt in to receive courtesy pay privileges for all transaction types.
