plan for your unexpected.

With our Courtesy Pay Program

Golden 1 knows that unforeseen expenses come up that may leave you short on funds. Our Courtesy Pay Program can help.

Courtesy Pay provides overdraft protection when the available balance in your checking account is insufficient to cover a transaction. There is no fee to enroll and with a Golden 1 checking account, you're automatically enrolled for electronic transactions (ACH) and checks. If you want the same coverage for your everyday (non-recurring) debit card transactions, opt in to Courtesy Pay for Everyday Debit Card Transactions. For more information about Courtesy Pay for Everyday Debit Card Transactions, and to opt in, click here.

Eligibility: You will be eligible for our Courtesy Pay program if you have an eligible account type and if you maintain your account in good standing. Maintaining your account in good standing includes, among other requirements, the following:

  • You are not in default on any loan obligation to us;
  • You bring your account to a positive balance at least once every thirty days; and
  • Your account is not the subject of any legal or administrative order or levy

How it works: If you meet our requirements, we may, without obligation on our part, approve and pay your reasonable overdrafts.

  • A fee is charged per item that's covered. See separate Fee Schedule
  • Maximum of two Courtesy Pay fees per day
  • Overdraft balance must be paid within 30 days

Courtesy Pay is a program extended at our discretion. We may refuse to pay an overdraft for you at any time without prior notice, reason, or cause, even though your account is in good standing and even though we previously paid overdrafts for you. We reserve the right to exclude you from the Courtesy Pay program at any time and for any reason, including for what we believe to be excessive use of Courtesy Pay.

Courtesy Pay Program Comparison


Courtesy Pay Program
  Courtesy Pay Courtesy Pay for Everyday Debit Card Transactions
What it is

Overdraft protection coverage that comes standard for eligible account types in good standing. You may opt out of this coverage. For more information, see Courtesy Pay Program.

Optional additional coverage you can opt into. For more information, see Overdraft Protection for Everyday Debit Card Transactions.

Eligible Account Types

Free Checking, MarketRate CheckingSM, Premium CheckingSM, Business Checking.

Free Checking, MarketRate CheckingSM, Premium CheckingSM, Business Checking.

Transactions Covered

Checks, automatic bill payments, and other transactions made using your checking account number (ACH).

Everyday (non-recurring) debit card transactions.

Fees

Each occurrence incurs a Courtesy Pay fee as outlined in the separate Fee Schedule, limited to a maximum of two (2) fees per day. No Courtesy Pay fee will be assessed on transactions that use $10 or less of courtesy pay per transaction.

Each occurrence incurs a Courtesy Pay fee as outlined in the separate Fee Schedule, limited to a maximum of two (2) fees per day. No Courtesy Pay fee will be assessed on transactions that use $10 or less of courtesy pay per transaction.

Get the same coverage for your Debit Card transactions
Cancel your Courtesy Pay for Everyday Debit Card transactions at any time.
Opt out from the entire Courtesy Pay program (for ACH, checks, and Everyday Debit Card transactions) at any time.

More about Courtesy Pay and overdrafts


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