First Merchants Overdraft Helper™
Overdraft Helper™ provides assistance when your account is overdrawn. Your account is overdrawn when there is not enough money in the account to pay for the purchase or transaction. We may pay overdraft transactions at our discretion based on your
What does an overdraft cost? We charge a $37 overdraft fee per transaction that is paid once your balance is overdrawn at or above $50 (maximum of six fees per business day).
How does Overdraft Helper™ help avoid this fee?
- More flexibility: $0 overdraft fees if you’re overdrawn by $50 or less at the end of the business day.
- More time: $0 daily overdraft fee until the fifth business day. Starting on the fifth business day we will charge $8 per day the account is overdrawn.
First Merchants Overdraft Helper™ does not require enrollment and comes with most First Merchants Personal Checking Accounts.*
*Simple Access accounts do not permit overdrafts.