Opt-in to Bounce Guard Plus

Starting August 15, Coastal will begin offering Bounce Guard Plus, an enhanced version of our Bounce Guard overdraft service.

That same day, Coastal will implement a new hold policy for debit card transactions. When you present your debit card at a merchant, your available account balance will immediately be lowered to reflect the funds that have ìalready been spoken for." If the amount of the purchase exceeds your available balance it will be declined, unless you have set up Bounce Guard Plus for debit card and ATM transactions.

As you know, we currently provide Bounce Guard as a standard overdraft service on checking accounts. Bounce Guard covers overdrafts that may occur when you make a payment via check or automated (ACH) payment. Members have found this to be a valuable service that helps ensure they have access to funds in the event of an emergency or to cover small math errors they may have made while tracking their checking account balances.

With Bounce Guard Plus, you can now opt-in to extend that coverage to ATM and debit card transactions, as well. There is no cost to enroll in Bounce Guard Plus, and you only pay a fee if you actually use the service.