MB Overdraft options

MB offers several ways to have a backup plan in place should emergencies happen. Being prepared means you’ll be able to cover purchases and may avoid overdraft charges.

Link to an MB savings account

Once you’ve set up the link, we’ll automatically move money from your MB savings account to your MB checking accountfootnote when needed to avoid overdraft fees.

  • No cost to link accounts
  • A $10 fee per automated transfer applies

Stop by one of our convenient banking centers located throughout Chicagoland and we’ll be happy to help you link your MB checking account to your MB savings account.

ReserveLink line of credit

This is an unsecured line of credit tied to an MB checking account that can be used as backup funds for unexpected expenses.

  • This service provides a loan, and current interest rates are charged
  • Requires credit approval
  • A one-time $50 processing fee applies
  • You won’t be charged overdraft fees, but interest on the amount you borrow will applyfootnote

Stop by one of our convenient banking centers located throughout Chicagoland and we’ll be happy to help you apply for a ReserveLinkTM line of credit.

1 Link to savings account. There must be sufficient funds in the linked savings account to cover transactions. To access funds via a debit card transaction, opt-in to MB Guard My Card is required. Back to top

2 MB Guard My Card. The bank may pay overdrafts up to $500 on qualified checking accounts. You may incur more than one overdraft fee per day. You pay the overdraft fees for overdrawing your account but you aren’t charged extra in exchange for the bank honoring your withdrawal even though funds were not available. To maintain your enrollment in MB Guard My Card, your account must remain in Good Standing. Being in Good Standing includes continually meeting the following criteria: active status; open at least thirty (30) days; deposit made in last thirty (30) days; balance that is not negative for more than fifteen (15) consecutive days. Your overdraft limit may increase over time. Please carefully read the complete Guard my Card Terms and Conditions (PDF). Debit card for qualified account holders only. Back to top

3 ReserveLink™. This is a fixed rate loan product. Minimum payments must be made; otherwise a flat $40 payment will be debited from the linked checking account. Closing of the linked checking account, for any reason, requires the pay off of the entire outstanding balance immediately. To access funds via a debit card transaction, opt-in to MB Guard My Card is required. Back to top

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Call us at 1.888.i bank mb (1.888.422.6562)

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Sunday: 9 a.m. to 5 p.m.

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