This form outlines information about Courtesy Pay and your election to opt in or opt out of this service.
Please complete, print, sign, date and mail this application to:
Star One Credit Union
Attn: Account Services
P.O. Box 3643
Sunnyvale CA 94088-3643
To submit this form electronically, log into Online Banking and select "Courtesy Pay Request" in the "Forms" menu.
Star One automatically qualifies members for Courtesy Pay when we make a decision to pay or not pay an item. If you do not qualify for Courtesy Pay or opt out of this service, Star One will return your item if there are insufficient funds. Courtesy Pay qualifications include: you must be the primary member on an account, you must have a FICO score of 600 or more, no delinquent Star One loans, be age 18 or older and no sole proprietorship accounts are eligible. This form outlines information about Courtesy Pay and your election to opt in or opt out of this service.
An overdraft occurs when you do not have enough money in your account to cover a transaction, but as a service to you we pay it anyway. We can cover your overdrafts in two different ways.
We authorize and pay overdrafts for the following types of transactions unless you ask us not to:
We may 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 returned or declined.
Yes, if you have not been previously qualified for Courtesy Pay, first opt in to Courtesy Pay (#1 below) and then opt in to the Debit Card option (#2 below) to ensure your every day debit card transactions receive the same overdraft coverage as your checks and other items.
Under our standard overdraft practices:
Note: We do not authorize and pay overdrafts caused by everyday debit card transactions without an opt in authorization.
Please tell us if you want to keep debit-card overdraft coverage on your checking account(s). To keep your Courtesy Pay for everyday debit-card transactions, you must opt in using one of the following methods: