Overdraft protection

Overdraft protection

Cover your branch Personal Chequing Account (PCA) or any other eligible account if there are insufficient funds in your account, using your VISA Desjardins card.

Features

How it works
Once you add the overdraft protection to your account, the transactions that exceed your account balance are still authorized. A cash advance on your VISA Desjardins card1 automatically covers your account at the end of the business day.
Who is this for?
For members who want:
  • to avoid account overdraft charges and the inconveniences of a temporary lack of funds;
  • more leeway in managing their personal finances.
Advantages
  • Avoid account overdraft charges and the inconveniences of a temporary lack of funds in your account.
  • No sign up fees, no monthly fees and no transaction fees.
  • Interest charges on your VISA Desjardins card cash advance are lower than NSF charges.
  • Helps maintain your credit rating, which financial institutions check when you apply for a loan.
Eligible accounts
The following individual and joint accounts2 are eligible for overdraft protection3 regardless of the branch where they were opened:
Eligible transactions
The service is like a safety net when you make the following transactions:
  • cheques
  • bill payments
  • direct payments
  • loan payments at your caisse4
  • withdrawals
  • direct withdrawal (automatic preauthorized withdrawals in your account)
  • transfers between 2 accounts
Any transactions associated with your account overdrafts are listed on your monthly statements.
Balance
The amount of the cash advance used to cover your overdraft will be added to your VISA Desjardins card. You can pay the balance any time at an ATM, on AccèsD Internet or AccèsD Telephone, or at your branch.
Maximum amount permitted
Corresponds to the authorized credit limit on your VISA Desjardins card at the time the advance is required, and to a maximum of $5,000 per day.
Interest rate
  • Cash advances are subject to the same interest rate as your VISA Desjardins card.
  • If you think you won't be able to pay the balance of your VISA Desjardins card, apply for a low interest rate card to reduce your interest charges.
Flexibility
You can add or opt out of the service at any time.

Here's how

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You have to be a Desjardins Credit Union member or VISA Desjardins cardholder to use AccèsD. Register for AccèsD

Register for the overdraft protection


For more information
Par téléphone By phone
1-866-DCUNION (1-866-328-6466)
At the branch At the branch
Make an appointment with an advisor at a branch.

 Certain conditions apply.
  1. Subject to available credit limit.
  2. Certain accounts cannot be linked to a VISA Desjardins card.
  3. Accounts held in a DCU branch only.
  4. To make loan payments with the overdraft protection, you must first contact your branch to make the required changes to your file.
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