Whether it's a simple checkbook miscalculation, car repairs, urgent medicine or unplanned travel, we understand mistakes happen and emergencies arise.
Navy Federal offers three protection options to make sure you're covered.
Pays overdrafts at no charge.
Overdrafts will be paid automatically if you have sufficient funds available in your Navy Federal savings account.
(previously called Overdraft Line of Credit)
With Checking Line of Credit,1 your checking account is covered. It protects you from overdrafts and from having transactions denied for non-sufficient funds. Plus, it's also an easy and convenient line of credit when you need quick access to cash.
To apply for Checking Line of Credit, sign in to Account Access or call 1-888-842-6328.
OOPS covers overdrafts from checks, Automated Teller Machine (ATM) withdrawals, Automated Clearing House (ACH) transactions (for automatic bill payments) and debit card transactions.
To opt in to OOPS, call us at 1-888-842-6328 or use the steps below to opt in online:
You can also mail/fax us the form below.
OOPS Opt in Form
1Checking Line of Credit is a credit product and subject to credit approval. 2Rates based on creditworthiness, so your rate may differ. Rates range from 13.9% APR to 17.9% APR. 3OOPS pays checks, Point-of-Sale (POS) debit card (Visa® Debit Card and CUCARD®) transactions, ATM withdrawals, and ACH transactions presented against your checking account when it is overdrawn. You must be at least 18 years of age and a member for a minimum of 90 days for this service to be extended. The fee is $20 with a maximum of three fees per day, per account. OOPS must be repaid promptly. Should the account remain overdrawn beyond 30 days, the OOPS will be frozen. Should the account remain overdrawn beyond 45 days, the OOPS will be terminated. You are limited to two checking accounts of which you are the primary owner. Items will be posted in the following order: ATM, Navy Federal Debit Card POS, ACH, and check. When multiple withdrawals are processed in the same debit posting, items will be posted from the lowest to highest amount. Navy Federal pays overdrafts at our discretion and reserves the right not to pay. 4The account must be in a positive status for a minimum of one business day to allow the deposited funds to clear. Additional Checking Protection options include Checking Line of Credit and Automatic Savings Transfers.