The Overdraft Prevention feature is one of the ways Digit helps keep your checking account at a comfortable and safe level. 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.
If you would instead like Digit to stop saving at a certain balance, you can set up a Safe Saving Level here.
Setting Up Overdraft Prevention
When getting started with Digit, you'll get the chance to set up Overdraft Prevention before Digit even makes your first save:
To change your Overdraft Prevention amount:
1) Open the app and tap into "Overdraft Prevention," below your checking info.
2) Tap Amount, and you'll be able to enter a new level
Depending on if your bank supports Instant Withdrawals, the funds will post to your bank instantly. If your bank doesn't qualify for Instant Withdrawals, the money will arrive within one business day.
To turn off Overdraft Prevention, just flip the slider from On to Off.