The entire available line on your First Tennessee Home Equity Line of Credit may be used to protect you from overdrafts. Each day items post and overdraw your checking account, you will get an automatic cash advance equal to the amount needed to cover any overdraft items. A once-per-day $15 overdraft transfer fee is assessed to your checking account following each cash advance.This fee will not be charged if the overdrawn amount on any one day is $5 or less.
What you need to know
When you receive your statement, the cash advance will appear in your HELOC outstanding balance. Please note that the terms of your HELOC agreement, including terms providing for interest accrual on cash advances, will apply. Overdraft protection transactions are also subject to the terms of your Overdraft Services Agreement with First Tennessee.
How to initiate the link
If you already have a First Tennessee HELOC, you can speak with a Financial Services Representative or call us at 800-382-5465 to establish this link. If you would like to apply for a HELOC*, please visit a financial center, call us toll-free at 800-609-3092, or click here to begin.
*Subject to credit approval. Equal Housing Lender.