Over the years our members have come to rely on this excellent pricing to keep their money where it belongs – Growing in their accounts. And for the most part our members don’t pay a single penny for our services unless using their Debit Card to withdrawal money at another institution’s ATM’s or making purchases in a store.
We’ve passed on the charges of $1.25 per withdrawal and .30c per purchase for use of this convenience.
That said many of our members enjoy the convenience provided by their debit cards, but were beginning to notice that convenience could get expensive. That is why HCCU will soon offer the option to pay a small monthly charge to be able to use your debit card as much as you’d like without worrying about the fees. Here’s how it works:
$8.50 a month will enroll you in the plan as long as you have a payroll deposit coming in to your account or a valid student card. This allows for unlimited POS purchases, and four (4) withdrawals from other institutions ATM, and of course the ATM’s located at our two branches will remain free for unlimited use.
We think this will be a real value added service for those members that enjoy the freedom and convenience that a Debit Card can provide. Members that only use their Debit Card in emergencies will not need to enroll in the plan and can continue paying on a per use basis.
The only issue HCCU has now is what to name this plan, and this is where you come in. Below is a few options we’ve come up with and we’d like you to choose what’s best. Have another idea? Leave it in the comments and we’ll give it a gander as well.
We’ll be running this survey until July 31st so that we’re ready to launch the product at the beginning of August. Regardless of the name we’re sure this will be a competitive product that allows you, our members, the freedom youdesire all while sticking to the philosophy of keeping your money where it belongs.
As Juliet said, what’s in a name?
