How Overdraft Prevention works
When you set up Overdraft Prevention, Digit will move money back to your bank if you go below the amount you set.
For example, if you set that to $500 and Digit notices your checking balance is $480, $20 from your Rainy Day Fund will automatically move from your Rainy Day Fund to get you back up to $500.
Depending on if your bank supports Instant Withdrawals, the money will be moved back to checking within minutes. If your bank doesn't qualify for Instant Withdrawals, the money will arrive within one business day.
If you would instead like Digit to stop saving at a certain balance, you can set up a Safe Saving Level here.
Setting up and disabling Overdraft Prevention
1) Open the app and tap into "Overdraft Prevention," below your checking info.
2) Switch the slider to On
3) Once Overdraft Prevention is turned on, you'll see an example amount pop up. To adjust, just tap that amount and enter in what you're comfortable with and tap Save
To turn off Overdraft Prevention, just flip the slider from On to Off.