Disclosures

Overdraft Options for ATM and Debit Card Transactions

If you opt-in to your Overdraft Option for ATM and Debit Card transactions, we may pay ATM and debit card transactions into overdraft. This notice explains our standard overdraft options, fees charged for overdrafts, and the impacts of your choices.

WHAT YOU NEED TO KNOW ABOUT OVERDRAFTS AND OVERDRAFT FEES

An overdraft occurs when you do not have enough money in your account to cover a transaction, but we pay it anyway. We can cover your overdrafts in two different ways:

  • We have standard overdraft practices (which we sometime refer to as overdraft options) that come with your account.
  • We also offer overdraft protection plans, such as a link to a savings account, which may be less expensive than our standard overdraft practices. To learn more, ask us about these plans.

 

WHAT ARE THE STANDARD OVERDRAFT PRACTICES THAT COME WITH MY ACCOUNT?

Unless you ask us not to, we do authorize and pay overdrafts for the following types of transactions:

  • Checks and other transactions made using your checking account number 
  • Automatic bill payments

We will not authorize and pay overdrafts for the following types of transactions unless you ask us to:

  • ATM Transactions
  • Debit card transactions

We pay overdrafts at our discretion, which means we do not guarantee that we will always authorize and pay any type of transaction. If we do not authorize and pay an overdraft, your transaction will be declined. 

WHAT FEES WILL I BE CHARGED IF HUNTINGTON PAYS MY OVERDRAFT?

Under our standard overdraft practices:

  • We will charge you a fee of up to $15.00 each time we pay an overdraft, up to a limit of three (3) fees per day, and we will not charge the fee unless your account is overdrawn by more than $50.  

WHAT IF I WANT HUNTINGTON TO AUTHORIZE AND PAY OVERDRAFTS ON MY ATM AND DEBIT CARD TRANSACTIONS?

If you want us to authorize and pay overdrafts for ATM and debit card transactions, tell us which one of the following options you want and we will record it: 

  • Opt-Out: NO. I do not want Huntington to authorize and pay overdrafts on ATM and debit card transactions   
    • I understand you may still authorize and pay overdrafts for ATM and debit card transactions, but if you do so, I will not be charged a fee. 
  • Opt-In: YES. I want Huntington to authorize and pay overdrafts on ATM and debit card transactions   
    • I understand that you authorize and pay overdrafts for ATM and debit card transactions at your discretion, and charge overdraft fees when you pay such transactions. 

Instructions to the customer: THIS FORM IS FOR YOU TO KEEP. DO NOT RETURN IT TO US. We will enter the choice you tell us into our database. If you do not tell us, the default election on your account will be “Opt-Out” for ATM and Debit Card transactions. If you Opt-In, we will provide you a notice confirming the choice you made, and that notice may be provided electronically if you opened your account through our Online Account Opening process. Please note that you have the right to change your choices at any time. Simply call us at (800) 445-3658, 7:00 a.m. to 8:00 p.m. daily or visit any Huntington branch to speak with a banker. Online Banking customers may also be able to log into huntington.com and click on Overdraft Options under the Profile tab to make changes. We may take up to 3 Business Days to process your Opt-In or Opt-out election for ATM and Debit Card transactions.

 

Note: Certain accounts do not charge overdraft fees. See your Personal Account Charges Form for details.

 

Member FDIC. Huntington and the Huntington logo are federally registered service marks of Huntington Bancshares Incorporated. © 2023 Huntington Bancshares Incorporated.

FORM: REGEODDISCLOSURE (02/23)