Overdraft Line of Credit

Credit solutions for emergencies

Overdraft coverage for crunch time

We all hate to see those dreaded words: transaction declined. Insufficient funds can be costly and inconvenient. Conversely, getting an Overdraft Line of Credit can ease your worries. Giving you further satisfaction, knowing you’re covered with Deseret First.

An Overdraft Line of Credit can help in several ways, a few are listed below.

Your card not being denied at the register.
Your checks not bouncing.
Your automatic payments not failing on your utilities or other bills.
Protects against Courtesy Pay and NSF fees.

Start application

Overdraft Interest Rate
Product	Fixed APR
Overdraft Line of Credit	As low as 10.9%

The annual percentage rates (APRs) listed here represent our best available rates. Your individual rate may be higher depending upon your creditworthiness. Membership and eligibility required. OAC. Offer subject to change. Additional products and rates are listed here.

How Overdraft Credit works:

Once approved, use your checking account normally. The line of credit will cover any overspending.

Next, we watch your checking account to make sure you have a positive balance.

If you do overdraft, we transfer the amount from the line of credit to your checking.

Interest accrues on the advanced allowance until you pay it off.

Finally, we calculate your payment based off of your unpaid balance at the end of the month. Monthly minimum payment is equal to 3% of your balance or $15, whichever is greater.

man handing his credit card to retail associate

Loan Requirements

To qualify, you’ll need:

Membership & eligibility
Deseret First Checking Account

Apply online today! For questions or to apply directly with a representative, call 801-456-7590 or 800-326-3328. Available weekdays: 8am-7pm, Sat: 9am-2pm. Additionally, you may visit any Deseret First Branch.

Apply online now