Debit Card
Financial Plus Federal Credit Union offers members the choice of either an ATM card or our MoneyKey ATM/Check Card (commonly called a debit card). The Money ATM/Check Card performs all the functions of an ATM card, as well as the functions of a debit card. Here are the different types of ATM and Debit transactions.
ATM Transactions:
- withdrawals, deposits, balance inquires and transfers at ATM locations
- Point-of-Sale (POS) transactions (you "swipe" the card through a reader and enter your PIN number) at participating merchants
Debit Card Transactions:
Using a Debit Card at ATM Locations
You can literally access their account from anywhere in the world - 24 hours a day, 365 days a year. You can conduct the following transactions at ATM locations (some transaction types are not available at all ATM locations):
- Deposits ... cash or check up to $25,000 (Not all ATM locations accept deposits; deposits accessed through most ATM networks within Michigan; outside of Michigan, deposits only accepted at Co-op Network ATM locations)
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Withdrawals ... cash withdrawals up to your account balance, but limited to $305 per day
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Transfers ... transfer funds within your account (i.e. from share to checking, etc.)
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Balance Inquiries ... check the balance of your account
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Change your PIN ... Personal Identification Number (PIN) for your card may be change at Financial Plus Federal Credit Union ATM locations ONLY
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Loan Payments ... you may make payments on your Financial Plus loans at Financial Plus ATM locations ONLY
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Cash Advances ... if you have a Financial Plus VISA, Personal Pocketbook Loan, and/or Home Equity Line-of-Credit, you may set your account to take Cash Advances at Co-op Network ATM locations
* Deposits, balance inquiries and transfers for the Hi-Yield Account are limited to Financial Plus Federal Credit Union and Co-op Network ATM locations only.
Your Financial Plus ATM or Debit card may be used at ATM locations worldwide that display one of the following symbols:
NYCE • Cirrus • CO-OP Network
Financial Plus Federal Credit Union provides members with their first 16 transactions FREE of charge. Transactions beyond 16 are charged $1.25 each. Charges for transactions beyond 16 are deducted from the member's share account immediately when the transaction takes place.
Avoid ATM Surcharges
ATM surcharges are frequently imposed by the owner of the ATM machine for making cash withdrawals from their ATM location. ATM surcharges are commonly $1.50, but can be $3.00 or more.
ATM locations that impose a surcharge must notify the customer of the surcharge two ways:
- in writing on the ATM (frequently in small print in a low-visibility area)
- on screen during the transaction, before the transaction is completed so the transaction can be cancelled.
You can avoid ATM surcharges by using "No-Surcharge" ATM locations. Click here for a list of Flint Area No-Surcharge ATM Locations. Also, Financial Plus Federal Credit Union belongs to the Co-op Network, which means you will not be surcharged at Alliance One ATM locations.
Using a Debit Card at Point-of-Sale (POS) Locations
Many merchants (grocery stores, discount stores, gas stations, etc.) offer Point-of-Sale (POS) transactions — you "swipe" the card through a reader and enter your PIN. Frequently, you are given the option of having cash back. Your total for these transactions is limited to the balance in your account, up to the $305 daily limit.
Using a Debit Card at VISA Merchants
Just present your Financial Plus Debit Card to the merchant just like a credit card. The merchant authorize and process the transaction just like a credit card. The only difference is that the funds to pay for the transaction will come from you checking account.
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