Rewards Plus Checking pays 2.50% APY* on qualified account balances, up to $20,000, and is loaded with other valuable benefits!
- Earn even more with a Rewards Plus CD
Qualifying accounts also earn up to $25 in ATM fee refunds each month. It's also packaged with a wealth of benefits from ID Theft protection to overdraft forgiveness.
To qualify for the REWARDS Plus Checking account dividend, you only have to do three easy things each monthly qualification cycle:
|Minimum Balance||Compounded / Paid||Annual Percentage Yield (APY)1||Monthly Due||Alert Me|
|REWARDS Plus Checking||$0.01-$20,0002||Monthly||2.50%||$3|
|If qualifications not met3||Monthly||0.01%|
|Youth Debit Account||$25.00||N/A||0.00%||$0|
|Money Market Checking||$2,500 +||Monthly||0.10%||$6.50 (Fee waived with $2,500 daily balance)|
|Share rates effective 12/01/2014 Money Market Rates effective 12/01/2014. The dividend rate and annual percentage yield may change at any time, as determined by the ISU Credit Union Board of Directors. A list of terms and conditions which apply to the above accounts is available at the Credit Union. Fees could reduce the earnings on the accounts. ISU Credit Union attempts to update rates immediately whenever a change occurs; however, the listed rates are not guaranteed accurate.|
EMV Enables The Next Generation of Payments
About EMV Chip-Enhanced Cards
Chip & PIN is a very similar technology, except that you use a PIN to complete a purchase instead of a signature. Both chip & PIN and chip & signature offer enhanced security against counterfeiting compared to the traditional magnetic stripe-only Cards.
You may need to update your card information where it is stored for recurring payments, such as online bills and subscriptions. Please update your recurring payment information to ensure that you do not miss a payment.
When you come across a chip-specific merchant terminal, simply insert your EMV card into the slot in the terminal and follow the prompts on the screen. You may still need to sign to authorize the transaction, and as usual you will receive a confirmation receipt.
If the Merchant terminal does not accept chip cards, you or the merchant can still swipe the EMV card in exactly the same way as you do today. You can always follow the prompts on the merchant terminal if you aren’t sure whether you should swipe or insert your Card.
Other issuers and companies may refer to chip cards differently, but all of these are different names for the same technology
The transaction flow with EMV payments is much the same but - with the addition of dynamic authentication and the chip technology - makes EMV transactions more secure:
EMV cards come with advanced security due to the chip technology that makes it difficult for a fraudster to counterfeit. These additional features help protect you when used at participating retailers.
We are moving quickly and aggressively to bring the next generation of secure banking to our members. New rules mandate all financial institutions in the US have this new EMV system in place by December 2015.
There is still time to implement the system but we chose to act now because so many merchant security breaches over the past two years have affected our members. Account security is our number one concern.
Thanks for working with us through these enhancements..
EMV, which stands for Europay, MasterCard and Visa, is a global standard for credit and debit payment cards using embedded microchips. ISU Credit Union's EMV credit and debit cards have an embedded microchip that provides enhanced security features and added protection at payment terminals locally and abroad.
With our REWARDS Round Up savings program, bags of groceries, cups of coffee and tanks of gas purchased with your ISU Credit Union debit card* may automatically add up to more savings for you.
Enroll in our REWARDS Round-Up savings program and when you make everyday purchases with your ISU Credit Union debit card*, we'll:
REWARDS Round-Up Sample
|Your Purchase||Item Price||Rounded Up To||Transferred to Savings||Alert Me|
|Lunch Combo Meal||$5.20||$6.00||$0.80|
to Savings = $2.52
We’ve partnered with a national identity theft protection service called Fraud Defender to help provide aggressive safeguards for our valued members. Our new streamlined checking accounts will come with both financial rewards as before and peace of mind by being part of an identity protection system.
*Annual Percentage Yield (APY). Account balances over $20,000 will be paid 0.25% APY on the balance over $20,000. A “qualification cycle” means a period beginning one day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle. Accounts which do not meet the three monthly qualifications will earn 0.01% APY on the entire account balance. REWARDS Plus checking is available only on personal accounts.