1For savings accounts, you are permitted to make no more than six transfers and withdrawals or any combination thereof per statement cycle or similar period (of at least 4 weeks) by means of a preauthorized, automatic or telephonic transfer. The limitation on transfers and withdrawals does not include transfers and withdrawals made at one of our ATMs, branch teller windows or by mail. (This does not apply to Secured Card Savings, Credit Builder Savings, and International Secured Loan Savings accounts for which no transactions are allowed.) These limitations are applied according to the date when the transaction is posted to the account and not the date when the transfer is authorized. If these limits are exceeded, we may, at our option, reclassify your account to Popular Everyday Checking.
2A fee of $5 will apply for every preauthorized debit in excess of six per statement cycle (or similar period of at least 4 weeks).