Regions Overdraft Grace Terms and Conditions

With Regions Overdraft Grace, customers can get a little extra time to make a deposit to a personal checking account or transfer funds from another Regions account to cover an overdraft.

If the available balance in your Consumer or Private Wealth checking account is overdrawn by more than $5 after nightly processing of items presented on any business day ("Day 1"), you may avoid paid overdraft item fees for Day 1 paid overdraft items if by 8:00 p.m. Central Time on the next following business day ("Day 2") you make a deposit or transfer funds to your account sufficient to bring your available balance to an amount equal to or greater than negative $5 (-$5) after nightly processing of items or fees presented on Day 2.

This means that by 8:00 p.m. Central Time on Day 2 you must deposit or transfer an amount sufficient to cover both the Day 1 paid overdraft items and any new items and bank fees that may be presented for payment, withdrawal, or assessment on Day 2 with the result that your available balance after nightly processing for Day 2 is equal to or greater than negative $5 (-$5) (an "Overdraft Grace Deposit"). It is your responsibility to anticipate and be aware of any new items and fees that may be presented for payment, withdrawal, or assessment on Day 2 and to include funds for those items and fees in your Overdraft Grace Deposit. If your available balance after nightly processing for Day 2 is overdrawn by more than $5, we may charge paid overdraft item fees for the Day 1 paid overdraft items. These fees will be charged to your account on the next business day following Day 2.

Deposits and transfers you make to your account as Overdraft Grace Deposits are subject to the terms of our deposit agreement and our funds availability policy, the terms of applicable product and service agreements, and the provisions of applicable law and regulation. Under those terms and provisions, certain items you deposit or transfer may not be accepted as part of an Overdraft Grace Deposit (e.g., a check deposit may be subject to a funds availability hold). Also, certain deposit-taking facilities may have cutoff times earlier than 8:00 p.m. Central Time (e.g., our banking offices may close before 8:00 p.m. Central Time). We reserve the right to reject any deposit or transfer that does not conform to our business requirements or account or service terms and conditions, that does not meet the requirements of law or regulation, that we believe is unlawful or fraudulent, or that we believe puts our assets or operations at risk for any reason in our sole and absolute discretion.

Regions offers alert and notification services that can help you keep up with certain activity in your account, including activity that causes a negative available balance. Learn more about alerts and notifications. Enrolling in these services will help ensure that you will have sufficient time to make an Overdraft Grace Deposit and take advantage of Regions Overdraft Grace in the event you overdraw your account’s available balance.