Credit and Debit Card FAQ
Is UFCU implementing debit card preauthorization holds to generate more overdraft fees?
No, in fact, we believe this feature provides the information needed to help members avoid overdraft situations and thereby avoid Courtesy Pay fees. There is no change to our overdraft transfer or Courtesy Pay policies or processing.
The advantage of preauthorization holds is that you can check your balance and get a more accurate picture of what is truly available to you before you spend.