Courtesy Pay for ATM/Debit Cards

Mortified!Kent Credit Union now offers Courtesy Pay for your Kent Credit Union ATM/Debit Card!
If you make a purchase with your debit card and accidentally spend more money than is in your account, Courtesy Pay allows you to complete the transaction by paying a fee with the purchase instead of being denied for insufficient funds. This applies to ATM transactions also. Please see complete information below.

What this means for YOU
Just like you pay an NSF (Non Sufficient Funds) fee on a check, you can now pay an NSF fee for ATM or Point of Sale transactions such as the grocery store, department store or gas station when you use your debit card and your account is overdrawn.

Up until now, when you used your Kent Credit Union MasterMoney Debit Card without appropriate funds, your transaction was denied. Now your transaction may be approved with an NSF fee.

What you need to do
Simply opt in for this new service by returning this form.

ATM/Debit Courtesy Pay Authorization Form

Call our Accounting Department at 330.678.2274 or 888.221.7556 if you have any questions or would like further information.

What You Need to Know about Overdrafts and Overdraft Fees
Currently, Kent Credit Union does not pay your overdrafts for ATM and everyday debit card transactions unless you tell us you want overdraft coverage for these transactions. Even if you do not request overdraft coverage for ATM and everyday debit card purchases, we may still pay your overdrafts for checks, automatic bill payments and other transactions made by using your account number if you qualify for our Courtesy Pay service.

An overdraft occurs when you do not have enough money in your account to cover a transaction but we pay it anyway. We can cover your overdrafts in two different ways:

  1. We offer standard overdraft practices that come with your account.
  2. We can link a savings account to the checking account to avoid an overdraft charge.

What are the standard overdraft practices that come with my account?
We do authorize and pay overdrafts for the following types of transactions (if you qualify for Courtesy Pay):

  • Checks and other transactions made using your checking account number
  • Automatic bill payments

Currently, we do not authorize and pay overdrafts for the following types of transactions unless you ask us to:

  • ATM transactions
  • Everyday debit card transactions

We pay overdrafts at our discretion, which means we do not guarantee that we will always authorize and pay any type of transaction. If we do not authorize and pay an overdraft, your transaction will be declined.

What fees will I be charged if Kent Credit Union pays my overdraft?
Under our standard overdraft practices:

  • We will charge you a fee of up to $30 each time we pay an overdraft.
  • There is no limit on the total fees we can charge you for overdrawing your account.
  • Overdraft items will be posted in accordance with our existing checking account procedures.

What if I want Kent Credit Union to begin authorizing and paying overdrafts on my ATM and everyday debit card transactions?
If you also want us to begin to authorize and pay overdrafts on ATM and everyday debit card transactions, complete and return the form below.

ATM/Debit Courtesy Pay Authorization Form

 

Contact us online or call Kent Credit Union at 330.678.2274 or 888.221.7556 if you have any questions or would like further information.