Example of Check Plus Overdraft Protection
- Checking account is overdrawn by $9
- $50 Overdraft Cash Advance from your Commerce Visa® credit card is deposited to checking account
- $41 balance in checking account ($50 deposit, minus $9 overdraft)
- Your credit card statement will show:
- $50 Overdraft Cash Advance
- Overdraft Cash Advance Fee*
- Overdraft Cash Advance Interest Charge**
* Overdraft Cash Advance Fee: 5.00% of the Cash Advance amount, with a minimum of $10.00 and no maximum for each Cash Advance resulting from overdraft protection.
** An Overdraft Cash Advance will be treated as a Cash Advance on your Commerce Visa credit card. See the application disclosure or Account Opening Disclosure for specific rates associated with Overdraft Cash Advances.