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Overdraft Fees

When are overdraft-related fees issued, and how can I avoid them?

Before we get into the details about overdraft-related fees and how to avoid them, let's first cover the types of overdraft-related fees.

Overdraft Fee
A $36 fee that is incurred when a transaction amount exceeds your available balance and is paid with negative funds.

Returned Item Fee
A $36 fee that is incurred when a check or ACH item is returned unpaid due to not having a sufficient available balance.

Extended Overdraft Fee
A $36 fee that is incurred when your current (ledger) balance has been negative for five consecutive business days (excludes Saturdays, Sundays and holidays). We start counting on the day your current balance becomes negative.

Overdraft Protection Transfer Fee
A $12.50* fee incurred on the day Overdraft Protection is used. As long as the linked account balance can cover the transaction amount, you will pay just one transfer fee on the day the overdraft occurs—regardless of how many transfers are made. 

Now let’s talk more about how the overdraft fees work and how you can avoid them:

Best Practices and Money Management Solutions for Avoiding Fees

 

  • Account Alert

    Take Advantage of Balance Alerts

    Set up email or text alerts via Online Banking to help you keep track of your available balance and let us notify you if your account becomes overdrawn.
    More About Balance Alerts >

  • Overdraft Protection

    Minimize Fees with Overdraft Services

    Choose Overdraft Protection, Overdraft Coverage, or both to reduce or avoid fees and the inconvenience of insufficient funds.
    More About Overdraft Services >

  • Online Banking

    Manage Accounts with Online Banking

    Sign up for Online Banking for a quick, easy way to access all of your accounts in one place. View balances and transfer funds right when you need to and avoid overdraft situations.
    More About Online Banking >

  • Mobile Banking

    Check Balances On the Go with Mobile Banking

    Use Mobile Banking to take care of your accounts in more places. Initiate transfers and make deposits to keep your account balance positive—no matter where you are.
    More About Mobile Banking >

  • Check Balance

    Update Your Check Register

    When you use a check register to record account activity, you’re in charge of tracking every transaction in and out of your account, so your account balance is sure to be top of mind.
    More About Check Registers >

  • ATM

    Utilize Our ATM Network

    From checking account balances to making transfers and deposits, our network of over 2,000 ATMs can help you keep your account balances in check, too.
    More About ATMs >

  • Deposit

    Keep the Deposits Coming

    One sure way to avoid overdrafts is to keep your account balance positive by depositing money. Mobile, in-branch and direct—there are a variety of deposit options available.
    More About Deposits >

  • Telephone Transfer

    Transfer Money Over the Phone

    With our automated phone service, you can complete one-time transfers immediately with the press of a few buttons. Simply call 800.SUNTRUST before the deposit cut-off time.

DISCLAIMERS

* The $12.50 Overdraft Protection transfer fee is charged to the protected deposit account. All advances are subject to funds availability. The $12.50 Overdraft Protection transfer fee does not apply to Overdraft Assurance line of credit. See our Fee Schedule and your account agreement for complete terms and conditions.

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