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Personal: Overdraft Line of Credit

It can be a lifeline for your personal finances.

This back-up plan is ready when you are.

We know the feeling. You go to make a payment and realize you don't have the funds in your account to cover it. It's an honest mistake, an oversight during a really busy day. There's stress, fees and maybe even the embarrassment of a declined transaction. But it doesn't have to be that way with an Overdraft Line of Credit.

This line of credit covers shortfalls you may have with checks and debit card transactions.
If you have a joint checking, all signers will need to be included on the loan application.
Use the money as overdraft protection
Available from $500 to $7,500
Avoid declined transactions

Overdraft Line of Credit Rates

Product Name
Annual Percentage Rate (APR)
Number of Monthly Payments
Monthly Payment per $1,000 Borrowed
$500 to $7,500 18.00% varies $65.29*

Overdraft Line of Credit is a fixed rate personal line of credit tied to a Beacon Bank checking account for the purposes of overdraft protection. Rate will remain fixed and will not adjust during the term of loan. *Subject to credit approval. Contact a representative for additional information. Payment example is based on monthly payment per $1,000 based on 5% of the principal balance plus monthly interest. Rates are subject to change without notice.

Beacon Bank is a full-service financial institution with branches in MA, CT, VT, NY, and RI.

Financial flexibility that fits your lifestyle.

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