Thursday, May 26, 2011

Credit Union ONE Members Reach for the Card that Gives Back

Ferndale, Michigan – When Credit Union ONE members use their Cash Back Checking account, they reach for the card that gives them rewards in many ways.

Since the inception of the Cash Back Checking program less than two years ago, Credit Union ONE members have earned over $602,000 in cash rewards. Almost 10,000 members have received a cash reward this year, and more than 150 of them earned over $150.

Members in the program receive points for using their platinum debit card and signing for their purchases. One point is awarded for every $2.00 spent, and once 3,500 points have accumulated they can be redeemed for cash which is automatically deposited into the Cash Back Checking account. Key to this program is that points never expire and there is no limit to what a member can earn.

In addition to cash back rewards, Credit Union ONE members enjoy many benefits of the platinum debit card, such as; extended warranty coverage, price protection, and purchase assurance. These are features that normally would be found in a fee-based credit card program, as opposed to a no-cost debit card program, which makes this a very unique product.

“We want our members to have the most competitive debit product at the top of their wallet and we believe our program is just that,” said Gary Moody, President and CEO of Credit Union ONE.

For more information on the Cash Back Checking program and platinum debit card, go to cuone.org/checking

Credit Union ONE, headquartered in Ferndale Michigan for over seventy years, offers a wide array of financial services and access to over 28,000 ATM’s nationwide, serving 106,000 members, with nineteen offices in three major metropolitan areas, including Metro Detroit, Grand Rapids and Traverse City. For more information go to cuone.org

Contact Judi Desilets, Director of Public Relations for Credit Union ONE, 248-584-5224, Judi_Desilets@cuone.org