Discover has announced Balance+, an enhancement for its Cashback Debit Checking account, providing customers with fee-free discretionary overdraft coverage applicable on everyday debit card transactions.

This offering highlights Discover’s continued efforts to help address overdraft fees, a key customer pain point and allows customers to manage their money without the stress of not being able to cover everyday purchases.

With Balance+, Cashback Debit account holders can overdraw their checking account up to $200 on debit card purchases with no fees. To qualify for Balance+, an account must be in good standing with a balance greater than $0, and account holders must receive at least one qualifying direct deposit of $200+ per month for the last two calendar months.

Balance+ complements Discover’s existing overdraft coverage including fee-free Overdraft Protection, which automatically transfers money from a linked Discover account to cover transactions when an account is overdrawn. While Balance+ covers debit card purchase overdrafts, Discover’s Overdraft Protection covers checks, online bill payments and ACH transfers initiated at another bank. Cashback Debit customers can enroll in both Balance+ and Overdraft Protection to ensure different types of transactions are covered.

In addition to Balance+, Discover has continued to enhance Cashback Debit to provide a better experience for customers

Recent enhancements include Add Cash, which provides contactless debit card customers the ability to add money to their account at any Walmart location in the US in minutes with no fees.

Also, Direct Deposit Switch, which allows customers to seamlessly setup or switch their payroll direct deposit instructions securely via their Discover mobile app or through their online portal, providing access to Early Pay (up to two days earlier).

“With Balance+ we are giving our customers peace of mind that Discover has their back when they use their debit card for their everyday necessities,” said Ram Subramanian, vice president, chief marketing officer of Discover Bank. “This is a natural extension of our commitment of offering the most rewarding banking experience without having to worry if you make a mistake.”