Understanding NSF Fees and Overdraft Fees

Important: The information provided below is only a summary and does not reflect our entire agreement or all of your rights and obligations with regard to your accounts. Read BECU's Account Agreements and BECUs Account Disclosure for important information about BECU overdraft services, including NSF fees and Overdraft fees, and our Funds Availability Policy.

We encourage you to carefully track your spending, be aware of your scheduled and recurring transactions, and regularly monitor your Available Balance (see Available Balance and Current Balance section below).

We charge an NSF fee each time a check, ACH debit (including online bill payment), or person-to-person transaction (such as ZelleĀ®) is presented for payment and it posts or attempts to post to your account for an amount greater than your Available Balance.

We charge an NSF fee even if that item was previously presented and returned and you were previously charged an NSF fee for that item. This means you could be charged multiple NSF fees on the same check, ACH debit, or person-to-person transaction because each time such item is presented for payment, and your Available Balance is less than the transaction amount, we will charge an NSF fee. You cannot opt out of receiving NSF fees.

After you opt into Optional Courtesy Pay Overdraft Service for Debit Card Transactions, we charge an Overdraft fee when a debit card purchase transaction posts to your account for an amount greater than your Available Balance.

You can opt out of receiving Overdraft fees by opting out of Optional Courtesy Pay Overdraft Service for Debit Card Transactions in Online Banking at any time. To opt out of Overdraft Services in Online Banking:

  1. Log in to Online Banking with a valid user name and password.
  2. Click Account Services.
  3. Click Overdraft Services and follow instructions to opt out.

You can also opt out during business hours by calling us at 800-233-2328, or in person at any BECU location.

You can avoid being charged future NSF fees by ensuring all of your transactions that post, or attempt to post, to your account are less than or equal to your Available Balance including:

  • Checks
  • ACH debits
  • Person-to-person transactions

Keep in mind that your Available Balance may be less than your Current Balance because of pending transactions as described in the Pending Transactions Examples section below. Spending more than your Available Balance can draw your account negative, and you may be charged NSF fees or Overdraft fees, or both.

Remember to carefully track your spending, be aware of your scheduled and recurring transactions, and regularly monitor your Available Balance.

You can avoid being charged future Overdraft fees by ensuring your debit card purchase transactions that post to your account are less than or equal to your Available Balance.

Further, if you are opted in to Optional Courtesy Pay Overdraft Service for Debit Card Transactions, you can opt out. If you opt out, BECU will deny debit card transactions when the transaction amount is greater than your Available Balance, and BECU will not charge you an Overdraft fee for that attempted transaction. You can opt out of Optional Courtesy Pay Overdraft Service for Debit Card Transactions at any time in Online Banking, or during business hours by calling us at 800-233-2328, or in person at any BECU location.

Remember to carefully track your spending, be aware of your scheduled and recurring transactions, and regularly monitor your Available Balance.

NSF fees and Overdraft fees are assessed based on your Available Balance and not on your Current Balance. Your Available Balance is calculated by subtracting from your Current Balance the amount of pending transactions.

This means that your Current Balance may be greater than your Available Balance because your Current Balance does not reflect holds placed on your account because of pending:

  • Deposits,
  • ACH debits,
  • Person-to-person transactions,
  • Debit card purchase transactions, and
  • Temporary merchant payment authorization transactions.

Your Current Balance only reflects deposits and payment transactions that have actually posted to your account.

Your Available Balance may be less than your Current Balance because of pending transactions such as:

  • Holds placed on deposits

    For check deposits, at least the first $225 will be available on or before the first business day after the day of your deposit. The remaining funds (up to $5525) will be on hold for up to two business days. For example, if you deposit a $3000 check, we will make at least $225 available on or before the first business day after the day of deposit. We will make the remaining $2775 available on or before the second business day after the day of deposit. The amount on hold is not available for you to spend until the hold is released.


    When you deposit a check greater than $5525, we will place a five-day large deposit exception hold on any amount greater than $5525. For example, if you deposit a $6000 check, we will make at least $225 available on the first business day after the day of deposit. We will make an additional $5300 available on the second business day after the day of deposit and the $475 will be made available on the fifth business day after the day of deposit. The amounts on hold are not available for you to spend until the holds are released.


    The amount being held will not be included in your Available Balance, but it will be included in your Current Balance. In the examples above, your Available Balance will be less than your Current Balance until the hold is released.

  • Holds placed because of authorized pending debit card purchase transactions or temporary merchant payment authorization transactions that have not yet posted to your account

    When you use your debit card at a gas station, the gas station creates an authorized pending payment transaction and places a three-day temporary merchant payment authorization hold of $75 on your account - that $75 on hold is not available for you to spend. Please note that the amount of this temporary hold may exceed the amount of the actual transaction.

    The amount being held will not be included in your Available Balance, but it will be included in your Current Balance. In this example, your Available Balance will be $75 less than your Current Balance until the gas station posts the pending payment transaction and/or removes the hold, or the hold is dropped from your account.

  • Holds placed because of pending authorized transactions or pledged account funds

    Examples of pending authorized transactions include ACH debits and person-to-person transactions that have not yet posted to your account. Examples of pledged or assignment of account funds include secured Visa credit card, minimum balance requirements, or to comply with court orders or other legal processes.


    Whenever a hold is placed on your funds, those funds on hold are not available for you to spend. The amount being held will not be included in your Available Balance, but it will be included in your Current Balance. As a result, your Available Balance will be less than your Current Balance.

Definitions for Available Balance and Current Balance are contained in BECU's Account Agreements.

We display Current Balance and Available Balance in Online Banking as shown below:

Online Banking Page presented on a laptop screen

Money Management Resources

Our Online Banking, Mobile Banking, and Telephone Banking services are great tools to help you track your account activity and Available Balance. To learn more about these and other services, visit our Bank Anywhere and Money Manager pages.

You can also schedule a free Financial Health Check session with a BECU specialist who can help you set up effective money management practices and show you tools to save money and avoid debt. Visit our Financial Health Check page to learn more, or email us at FinancialHealthCheck@becu.org if you have any questions.

BECU also partners with GreenPath Financial Wellness to help members overcome financial challenges through free and confidential one-on-one financial counseling. To learn more about how they can help, visit our GreenPath Financial Wellness page.

Questions?

If you have any questions, you can send us a secure message using Messenger in Online or Mobile Banking. You can also call a BECU representative at 800-233-2328 or visit any BECU location.