Can my account become overdrawn? If so, what happens?
It's possible, but rare. Our accounts are designed to minimize overdrafts, so transactions that are greater than your account balance will typically will be declined or returned.
If your account ends up with a negative balance, we will not charge an overdraft fee. (For more information, check out our schedule of fees.)
Of course, it’s still important that you bring your account out of the negative as quickly as possible. Check out the Getting Money Into Simple article for an overview of the different ways to deposit funds. If you have questions, don't hesitate to give us a call at 888-248-0632 or .
There are a few extra facts to keep in mind if you happen to have a Shared account with a negative balance. You can find all these details in our Shared Account Ownership article.