An overdraft occurs when your available balance does not have sufficient funds to cover the transaction, but we pay it anyway. For more information on overdrafts and when First Interstate Bank will assess overdrafts for paid items and rejected items, see the Overdrafts section of your account agreement. First Interstate Bank can cover your overdrafts two different ways:
There is a way to cover those services (ATM and everyday debit card transactions) that are not currently covered in the two scenarios described above. This service is Debit Card Courtesy Overdraft.
Debit Card Courtesy Overdraft is a service offered to cover ATM and debit card transactions that will be declined when your account is overdrawn, or will become so when the transaction occurs. Coverage is offered at our discretion and is not guaranteed. Standard overdraft fees will apply for this coverage, as explained below.
To authorize First Interstate Bank to pay overdrafts on ATM and everyday debit card transactions, please visit your local branch or call our Client Contact Center at 1-855-342-3400.
Under our standard overdraft practices: