Almost everyone occasionally makes a mistake in their checkbook that can result in an embarrassing and expensive overdraft. Although you want to be as accurate as possible with your check book register, you can make your life easier with overdraft protection.

Senior BofI offers two types of overdraft protection.

The first is an overdraft line of credit – this method simply extends the amount you need in the form of a loan, automatically up to your credit limit. Unlike most banks, Senior BofI doesn’t charge advance fees for this service.

The second method is by linking accounts. You could, for example, link you Senior BofI Checking account with your Senior BofI Savings account. Then, if necessary, the amount needed to cover an overdraft will be automatically transferred from your savings account to your checking account.

Visit our Overdraft Protection page for full details.