The overdraft amount is calculated according to a dynamic formula, based on the number of accounts/services in the Account Panel. It considers the number of hosting accounts/additional services, their type, and the period they are prepaid for.
Also, there is a minimum level - the overdraft would be enabled only if the calculated amount is over $100.00 USD. Example non-limiting scenarios in which the account will have an enabled overdraft are:
- minimum 13 Economy plans for one year,
- minimum 10 Business plans for one year,
- a combination of the above - for example, 7 Business plans and 4 Economy plans for one year,
- 1 active First Class plan.
Generally, the more active services you have in your Account Panel and the longer they are prepaid for, the greater the amount of the allowed overdraft will be.
The overdraft eligibility is calculated in real time. It is enabled at the moment your account reaches the required threshold. After that, when you add more services to the account, the overdraft allowance will increase. Once the overdraft due date is reached and the used overdraft is cleared by refilling the account balance (Monthly Bill), the overdraft amount will be recalculated again. If the allowed overdraft is still over $100.00 USD, then it will be extended with another 30 days.