As of May 15, 2020, we will no longer originate new Overdraft Lines of Credit to customers. However, any existing Overdraft Lines of Credit will remain open.

If you do not make the minimum deposit by the due date on the last day of the following month, any missed payments will be included in the next payment due. If you miss a payment, a temporary hold will be placed on your account. Until a payment is made, you will not be able to use your 360 Checking Debit Card or make any withdrawals (including Bill Pay, Person2Person Payments, Mail a Check and Cashier's Check).

If you miss more than three payments, your Overdraft Line of Credit limit will be reduced to zero ($0), and your 360 Checking may be closed. You’ll still need to make payments to the outstanding Overdraft Line of Credit balance.

This does not affect any other accounts you may have at Capital One 360.