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Overdraft Protection & Courtesy Pay

CapEd offers Overdraft Protection options if you write a check, make a debit card purchase, or set up an automatic withdrawal and you don't have funds to cover the transaction.

Overdraft Protection

Overdraft Protection allows you to link your CapEd savings account or line of credit to your checking account to prevent declines or insufficient fund fees by automatically transferring funds to your checking account. You can request in writing to have your checking account linked to your savings account as a source of overdraft protection. You can apply online or in person for a Line of Credit, which is subject to credit approval, fees, and interest.

Courtesy Pay

Courtesy Pay allows you to overdraw your account for a $27 fee per overdraft. To qualify, you must be at least 18 years old and have an active checking account in good standing. CapEd offers two coverage options – Standard Courtesy Pay and Extended Courtesy Pay.

Standard Courtesy Pay

Standard Courtesy Pay covers overdrafts caused by:

  • Checks, automatic withdrawals, Bill Pay transactions, and recurring debit card transactions

Extended Courtesy Pay

Extended Courtesy Pay requires your consent. This extended privilege covers overdrafts caused by:

  • All items listed for Standard Courtesy Pay, and
  • Everyday debit card transactions
  • ATM transactions

How to Opt In or Out of Courtesy Pay

Opt Out of Courtesy Pay

If you wish to opt out of Standard Courtesy Pay or Extended Courtesy Pay, contact (208) 884-0150 or (800) 223-7283, or you can send us an email.

Opt In to Courtesy Pay

If you would like to opt-in to Extended Coverage for future transactions, , go to the Tools tab, select Member Services and then select Courtesy Pay. Here you can then set your account(s) to YES for Extended Courtesy Pay. You can also contact us at (208) 884-0150 or (800) 223-7283, or you can send us an email to edit any of your Courtesy Pay settings.

How Can I Avoid Courtesy Pay Fees?

Woman smiling and checking account information on a phone.
  1. Download the CapEd Mobile Banking App!

    Download the CapEd Mobile Banking App to access your account conveniently on your phone and view your balance.

    Download from the Apple App Store
    Download from the Google Play store
  2. Track your Actual Balance and Available Balance in your Savings Account

    Keep an eye on both your actual account balance and available balance. The actual balance is the amount of money in your account at any given time, while the available balance reflects how much you can spend, considering deposits and pending payments. If you spend more money than you have as sufficient funds in your available balance, you will overdraft your account.

  3. Set up eBanking Alert Notifications

    You can personalize your account notifications for multiple alerts of your choosing. The Balance and Insufficient Funds alerts are especially helpful for managing your money.

    To set up these alerts, log into eBanking on a mobile device or desktop. Under Tools in the navigation menu, select Alerts and then select Accounts. You will see a list of account alerts you may toggle on and off. For each alert, you have 3 different delivery options, including SMS, Email, or Push Notifications. Make your selections, then save your preferences and you're done!

Rise. We've got you covered with Courtesy Pay forgiveness.

We've Got You Covered with Courtesy Pay Forgiveness

A Rise Youth & Young Adult Savings Account holder may qualify for one Courtesy Pay fee refund per quarter on a CapEd checking account. As an exclusive Rise account feature, at the end of each quarter (March, June, September, and December), an automatic refund will be applied directly to your checking account if you experience an overdraft resulting in a Courtesy Pay fee. This is a form of overdraft protection, and we're happy to cover it as one of the financial services to help our youngest members learn to manage money.

Budgeting Resources

At CapEd, we're committed to supporting healthy financial well-being for our members. We offer many free resources to keep you educated and in the know! Below you'll find just some of the resources we provide to help you with budgeting, financial education, loan calculation, and more—which can all help keep Courtesy Pay Fees out of your transaction history.

Credit Score

The Savvy Money credit score widget in CapEd Online Banking lets you view your credit score for free. Not only can you see what is currently impacting your score, it also offers many resources, articles, simulations, and offers that can help improve your score.

Budgeting Calculators

Try out our budgeting and savings calculators to plan for a positive financial future. Keep track of your monthly income and expenditures, find out how long it will take to reach a savings goal, or make sure you've got your student budget planned and accounted for.

It's a Money Thing

With It's A Money Thing financial education resources, you can explore video and graphical content on a wide variety of financial wellness topics from building a budget to saving for retirement. There's something for everybody! More of a textbook learner? We also provide downloadable documents and presentations for each topic.

Loan Options

CapEd offers a variety of loans to cover any financial needs. You can view our variety of loan options including personal loans for unexpected expenses or student loans to help cover higher education costs. Our Loan Calculators even help you to plan out potential expenses and payment plans.