Does Rize offer overdraft protection?
We’re all about saving money, that’s why every account has $50 overdraft protection. This means Rize will not make a deposit if it will leave your checking account with under $50. You can update this number at anytime, just let us know.
Why was I charged an overdraft fee?
We do everything we can to protect you from fees, but we need your help. Rize checks your balance on the day you initiate a transfer, but if those funds are not available within 2 business days you bank will reverse the transfer. Our clearinghouse charges a $30 fee for reversed transactions. We don’t like charging fees, and you don’t like paying them. Be sure to check your bank account before your scheduled transfer and watch your spending while it clears.