Overdraft Line of Credit
Credit solutions for emergencies
Overdraft coverage for crunch time
We all hate to see those dreaded words: transaction declined. Insufficient funds can be costly and inconvenient. Conversely, getting an Overdraft Line of Credit can ease your worries. Giving you further satisfaction, knowing you’re covered with Deseret First.
An Overdraft Line of Credit can help in several ways, a few are listed below.
- Your card not being denied at the register.
- Your checks not bouncing.
- Your automatic payments not failing on your utilities or other bills.
- Protects against Courtesy Pay and NSF fees.
|Overdraft Line of Credit||As low as 10.9%|
The annual percentage rates (APRs) listed here represent our best available rates. Your individual rate may be higher depending upon your creditworthiness. Membership and eligibility required. OAC. Offer subject to change. Additional products and rates are listed here.
How Overdraft Credit works:
To qualify, you’ll need:
- Membership & eligibility
- Deseret First Checking Account
Apply online today! For questions or to apply directly with a representative, call 801-456-7590 or 800-326-3328. Available weekdays: 8am-7pm, Sat: 9am-2pm. Additionally, you may visit any Deseret First Branch.Apply online now
Overdraft Line of Credit vs Courtesy Pay
Life comes with challenges. That’s why we offer two different versions of our overdraft program: Overdraft Line of Credit (LOC) and Courtesy Pay. We realize this might be confusing sometimes. So we decided to lay it out for you. This puts you in charge to choose what’s convenient for you.Courtesy Pay Disclosure
|Feature||Overdraft LOC||Courtesy Pay|
|Requires loan application|
|Maximum credit based on account type|
|Maximum credit based on your income|
|Interest applies to balance|
|Balance calculated daily|
|Fee for each transaction|