If you’d like the comfort of a safety net of up to $5000 for unexpected expenses, consider Overdraft Protection. You can use the funds any time by simply writing a cheque or using your BankCard. And, Overdraft Protection helps you avoid charges to your account in the event of unplanned expenses.
Fixed
The greater of 3% of outstanding balance or $50 per month.
Effective April 21, 2008, we are changing the way we apply the Overdraft Protection fee. The current $5.00 monthly administration fee will now only apply if you utilize the Overdraft Protection in any given month.
Even if you use your overdraft limit multiple times in a month, you'll only pay a $5.00 flat fee.