diff --git a/src/service/impl/trips/__tests__/utils.test.ts b/src/service/impl/trips/__tests__/utils.test.ts
index 8855d9ed..4d6e834a 100644
--- a/src/service/impl/trips/__tests__/utils.test.ts
+++ b/src/service/impl/trips/__tests__/utils.test.ts
@@ -115,6 +115,131 @@ describe('hasTemporalOverlap', () => {
   });
 });
 
+describe('hasTemporalOverlap with interchanges', () => {
+  it('ignores an overlap at a guaranteed interchange', () => {
+    const legs = [
+      makeTransitLeg({
+        expectedEndTime: '2024-01-01T10:10:00.000Z',
+        interchangeTo: {guaranteed: true},
+      }),
+      makeTransitLeg({expectedStartTime: '2024-01-01T10:09:00.000Z'}),
+    ];
+    expect(hasTemporalOverlap(legs)).toBe(false);
+  });
+
+  it('returns true when the interchange is explicitly not guaranteed', () => {
+    const legs = [
+      makeTransitLeg({
+        expectedEndTime: '2024-01-01T10:10:00.000Z',
+        interchangeTo: {guaranteed: false},
+      }),
+      makeTransitLeg({expectedStartTime: '2024-01-01T10:09:00.000Z'}),
+    ];
+    expect(hasTemporalOverlap(legs)).toBe(true);
+  });
+
+  it('returns true when there is no interchange at all', () => {
+    const legs = [
+      makeTransitLeg({expectedEndTime: '2024-01-01T10:10:00.000Z'}),
+      makeTransitLeg({expectedStartTime: '2024-01-01T10:09:00.000Z'}),
+    ];
+    expect(hasTemporalOverlap(legs)).toBe(true);
+  });
+
+  it('ignores a guaranteed interchange reached through a walk', () => {
+    const legs = [
+      makeTransitLeg({
+        expectedEndTime: '2024-01-01T10:10:00.000Z',
+        interchangeTo: {guaranteed: true},
+      }),
+      makeFootLeg({
+        expectedStartTime: '2024-01-01T10:10:00.000Z',
+        expectedEndTime: '2024-01-01T10:15:00.000Z',
+      }),
+      makeTransitLeg({expectedStartTime: '2024-01-01T10:13:00.000Z'}),
+    ];
+    expect(hasTemporalOverlap(legs)).toBe(false);
+  });
+
+  it('ignores an overlap within the interchange maximum wait time', () => {
+    const legs = [
+      makeTransitLeg({
+        expectedEndTime: '2024-01-01T10:10:00.000Z',
+        interchangeTo: {guaranteed: true, maximumWaitTime: 300},
+      }),
+      makeTransitLeg({
+        aimedStartTime: '2024-01-01T10:08:00.000Z',
+        expectedStartTime: '2024-01-01T10:08:00.000Z',
+      }),
+    ];
+    // Held until 10:08 + 5 min = 10:13, and we arrive at 10:10.
+    expect(hasTemporalOverlap(legs)).toBe(false);
+  });
+
+  it('treats arrival exactly at the maximum wait deadline as caught', () => {
+    const legs = [
+      makeTransitLeg({
+        expectedEndTime: '2024-01-01T10:13:00.000Z',
+        interchangeTo: {guaranteed: true, maximumWaitTime: 300},
+      }),
+      makeTransitLeg({
+        aimedStartTime: '2024-01-01T10:08:00.000Z',
+        expectedStartTime: '2024-01-01T10:08:00.000Z',
+      }),
+    ];
+    expect(hasTemporalOverlap(legs)).toBe(false);
+  });
+
+  it('returns true once arrival is past the maximum wait time', () => {
+    const legs = [
+      makeTransitLeg({
+        expectedEndTime: '2024-01-01T10:20:00.000Z',
+        interchangeTo: {guaranteed: true, maximumWaitTime: 300},
+      }),
+      makeTransitLeg({
+        aimedStartTime: '2024-01-01T10:08:00.000Z',
+        expectedStartTime: '2024-01-01T10:08:00.000Z',
+      }),
+    ];
+    // Held until 10:13, but we do not arrive until 10:20.
+    expect(hasTemporalOverlap(legs)).toBe(true);
+  });
+
+  it('counts an intervening walk against the maximum wait time', () => {
+    const legs = [
+      makeTransitLeg({
+        expectedEndTime: '2024-01-01T10:10:00.000Z',
+        interchangeTo: {guaranteed: true, maximumWaitTime: 120},
+      }),
+      makeFootLeg({
+        expectedStartTime: '2024-01-01T10:10:00.000Z',
+        expectedEndTime: '2024-01-01T10:15:00.000Z',
+      }),
+      makeTransitLeg({
+        aimedStartTime: '2024-01-01T10:11:00.000Z',
+        expectedStartTime: '2024-01-01T10:11:00.000Z',
+      }),
+    ];
+    // Held until 10:13, but the walk does not end until 10:15.
+    expect(hasTemporalOverlap(legs)).toBe(true);
+  });
+
+  it('still catches a later overlap at an unguaranteed interchange', () => {
+    const legs = [
+      makeTransitLeg({
+        expectedEndTime: '2024-01-01T10:10:00.000Z',
+        interchangeTo: {guaranteed: true},
+      }),
+      makeTransitLeg({
+        expectedStartTime: '2024-01-01T10:09:00.000Z',
+        expectedEndTime: '2024-01-01T10:20:00.000Z',
+      }),
+      makeTransitLeg({expectedStartTime: '2024-01-01T10:19:00.000Z'}),
+    ];
+    expect(hasTemporalOverlap(legs)).toBe(true);
+  });
+});
+
 describe('computeTripAimedStartEnd', () => {
   it('returns aimed times from first and last leg when all are transit', () => {
     const legs: Leg[] = [
@@ -261,6 +386,22 @@ describe('adjustNonTransitExpectedTimes', () => {
 });
 
 describe('determineTripStatus', () => {
+  it('returns valid when the only overlap is at a guaranteed interchange', () => {
+    const now = new Date().toISOString();
+    const legs = [
+      makeTransitLeg({
+        expectedEndTime: '2024-01-01T10:10:00.000Z',
+        interchangeTo: {guaranteed: true},
+        refreshedAt: now,
+      }),
+      makeTransitLeg({
+        expectedStartTime: '2024-01-01T10:09:00.000Z',
+        refreshedAt: now,
+      }),
+    ];
+    expect(determineTripStatus(legs)).toBe('valid');
+  });
+
   it('returns valid when legs are sequential', () => {
     const now = new Date().toISOString();
     const legs: Leg[] = [
diff --git a/src/service/impl/trips/utils.ts b/src/service/impl/trips/utils.ts
index fa9e35fa..77b40ece 100644
--- a/src/service/impl/trips/utils.ts
+++ b/src/service/impl/trips/utils.ts
@@ -109,18 +109,63 @@ export function isTransitLeg(leg: Leg): boolean {
 /**
  * Checks if any leg N+1's expectedStartTime is before leg N's expectedEndTime,
  * indicating a missed connection (impossible trip).
+ *
+ * Overlaps at a guaranteed interchange are ignored: the connecting service has
+ * committed to waiting for the delayed one, so a negative gap there is not a
+ * missed connection.
  */
 export function hasTemporalOverlap(legs: Leg[]): boolean {
   for (let i = 1; i < legs.length; i++) {
     const prev = legs[i - 1];
     const curr = legs[i];
     if (parseISO(curr.expectedStartTime) < parseISO(prev.expectedEndTime)) {
+      if (interchangeHolds(legs, i)) continue;
       return true;
     }
   }
   return false;
 }
 
+/**
+ * Whether the interchange into the leg at `index` still guarantees the
+ * connection, given when you actually arrive.
+ *
+ * A guarantee is bounded by `maximumWaitTime`: the connecting service holds
+ * for that many seconds past its own scheduled departure, and arriving later
+ * means missing it despite the guarantee. An absent `maximumWaitTime` means it
+ * waits however long it takes. Arrival is the end of the leg immediately
+ * before, so an intervening walk counts against the deadline.
+ */
+function interchangeHolds(legs: Leg[], index: number): boolean {
+  const interchange = previousTransitLeg(legs, index)?.interchangeTo;
+  if (interchange?.guaranteed !== true) return false;
+  if (interchange.maximumWaitTime == null) return true;
+
+  const deadline = addSeconds(
+    parseISO(legs[index].aimedStartTime),
+    interchange.maximumWaitTime,
+  );
+  const arrival = parseISO(legs[index - 1].expectedEndTime);
+  // Unparseable times keep the guarantee, so bad data suppresses a warning
+  // rather than inventing one.
+  if (isNaN(deadline.getTime()) || isNaN(arrival.getTime())) return true;
+
+  return arrival <= deadline;
+}
+
+/**
+ * The transit leg you alight from, which is the one carrying the interchange
+ * relationship. Walks back past non-transit legs: a bus -> walk -> bus
+ * transfer overlaps on the (walk, bus) pair, but it is the first bus that
+ * holds `interchangeTo`.
+ */
+function previousTransitLeg(legs: Leg[], index: number): Leg | undefined {
+  for (let i = index - 1; i >= 0; i--) {
+    if (isTransitLeg(legs[i])) return legs[i];
+  }
+  return undefined;
+}
+
 /**
  * Computes the trip-level aimedStartTime and aimedEndTime.
  *