Effective December 1, 2016
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 that come with your account.
- We also offer overdraft protection plans, such as a link to a savings account or personal line of credit, which
may be less expensive than our standard overdraft practices. To learn more, ask a Frost banker about our
This notice explains our standard overdraft practices.
What are the standard overdraft practices that come with my account?
We do authorize and pay overdrafts for the following types of transactions:
- Checks and other transactions made using your checking account number
- ACH transactions
- Automatic bill payments
We do not authorize and pay overdrafts for the following type of transaction unless you ask us to (see below):
- Everyday 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 Frost pays my overdraft?
Under our standard overdraft practices:
- We will charge you a fee of $34 for each item that overdraws your account more than $5.
- There is a daily limit of $170 on the total fees we can charge you for overdrawing your account.
What if I want Frost to authorize and pay overdrafts on my everyday debit card transactions?
If you also want us to authorize and pay overdrafts on everyday debit card transactions, please
let us know:
- Online - at frostbank.com
- By phone - give us a call at 1-800-513-7678
- By mail - Attn: CIF, P.O. Box 1600, San Antonio,TX 78296
- In person - stop by your nearest financial center