Americans pay $15.5 billion in overdraft fees annually
How Brigit Prevents Overdrafts
Monitors Your Balance
Brigit tracks your connected bank account balance 24/7
Predicts Shortfalls
Uses AI to predict when you might overdraft
Alerts You
Sends notifications when balance gets low
Provides Cash
Offers instant advance to cover the gap
Brigit vs. Bank Overdraft Fees
❌ Without Brigit
- $35 overdraft fee per incident
- Multiple fees per day (up to $105+)
- Extended overdraft fees ($25+/week)
- Declined transaction fees
- Negative impact on ChexSystems
Cost: $35-$150+ per incident
✓ With Brigit
- Get advance before overdraft hits
- 0% APR on advances
- No late fees ever
- Predictive alerts
- Flat monthly fee ($0-$14.99)
Cost: $0-$14.99/month flat
Overdraft Protection Features
- Low Balance Alerts: Get notified before your balance gets critical
- Predictive Analysis: AI predicts upcoming bills vs. your balance
- Instant Cash Advances: Get $50-$500 to cover shortfalls
- Express Delivery: Money in ~20 min with paid plans
- Automatic Monitoring: 24/7 balance tracking
- Bill Reminders: Know when recurring charges will hit
How Much Can You Save?
| Scenario | Bank Overdraft Cost | Brigit Cost | You Save |
|---|---|---|---|
| 1 overdraft/month | $35 | $8.99 (Plus) | $26.01 |
| 2 overdrafts/month | $70 | $8.99 (Plus) | $61.01 |
| 3 overdrafts/month | $105 | $8.99 (Plus) | $96.01 |
| 1 overdraft/year | $35 | $107.88/year | -$72.88 (not worth it) |
Bottom line: Brigit is worth it if you overdraft 3+ times per year, or more than once every 4 months.
How to Use Brigit for Overdraft Protection
- Sign up and connect your bank - Brigit needs to monitor your balance
- Enable notifications - Get alerts when balance is low
- Set up alerts - Choose when to be notified (e.g., below $100)
- Request advance when needed - Before an overdraft hits
- Repay automatically - On your next payday
FAQ
Is Brigit automatic overdraft protection?
Not fully automatic. Brigit alerts you and makes advances available, but you must request the advance yourself. It doesn't automatically transfer money.
Does Brigit work with all banks?
Most US banks are supported through Plaid. Some small credit unions may not be compatible.
What if I still overdraft?
Brigit can't guarantee you won't overdraft—it depends on you requesting an advance before the overdraft occurs. But with alerts and fast delivery, most users avoid overdrafts.