Write cheques with confidence! Protect yourself against unexpected cash shortages and returned cheques.
With overdraft protection you can enjoy:
- Increased buying power – Enjoy increased purchasing power and working capital since you can write cheques up to the amount of credit limit plus your chequing account balance.
- Flexibility– Write cheques, or get cash when you need to, even if your chequing account balance is low
- Savings– Avoid returned cheque charges and fees from stores or creditors
- Financial control– Protect your credit rating. You can always pay your bills on time knowing that your overdraft covers your cheques until your deposits clear.