Frontwave Credit Union charges a Courtesy Pay fee of $20.00 each time an overdraft is paid.
Understanding Frontwave's Courtesy Pay Fees
Frontwave's Courtesy Pay service is designed to cover transactions that would otherwise be declined due to insufficient funds, such as checks, automatic bill payments, and other transactions made using your checking account number. This service can help you avoid merchant return fees and ensure important payments are processed.
When Frontwave covers an overdraft through its Courtesy Pay program, a fee is applied. It's important to be aware of both the per-transaction fee and any daily limits on these charges to manage your account effectively.
Here's a breakdown of the Courtesy Pay fee structure:
| Fee Type | Amount Per Overdraft | Daily Limit |
|---|---|---|
| Courtesy Pay Fee | $20.00 | No more than five (5) fees per calendar day |
This means that regardless of how many overdrafts are paid within a single day, you will not be charged more than five Courtesy Pay fees, capping the total daily charges for this service at $100.00. Understanding these details helps account holders manage their finances and anticipate potential costs related to overdrafts.
