Do you purchase gas with your debit card? I hope so – how easy is that? You just slide your debit card and you have access to the pump without ever going in – it’s great. When you purchase gas at the pump, if you select to use as a Debit Card with a Pin number to be entered the merchant sets a hold on your account. We have members call us about this from time to time and have been told by our processor that if the debit card is used with a Pin number the merchant sets the hold. If you use your card as a credit card only $1.00 is placed on hold. We can’t remove the hold placed. There is a drop-off date of 3 days or so. We don’t even see the hold unless you call and have us look it up for you.
We had this happen a few months ago to a member purchasing gas in Jackson and that company held $100.00. Imagine having the gas purchase withdrawn from your account and the $100.00 still on hold for three days. This could mean having insufficient funds and checks being returned or electronic transactions being rejected because that company is saying they are going to debit your account $100.00 and the funds are on hold until they do so. This past week it happened with a local company and $75.00 was placed on hold.
Anytime you purchase with your debit card try to use it as the credit card to stop this type hold. Also, it is a good idea to protect your Pin number standing at a pump and someone may be shoulder surfing what you are keying or at Wal-Mart in line if you are paying for items. Anytime you use your debit card and have the option as using as a credit instead of a debit – do so.
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Finance a vehicle with us before July 31, 2008 and your name will go into a drawing for a $200 Gas Card! Speak with Candace or Debbie today – don’t miss the opportunity!
Call 731-286-0152.
The drive-thru is intended to be for fast and convenient service. Please follow these tips to help us keep it that way!
- Be considerate of others in line – try to have it together and know what you want to do ahead of time
- If you are going to take more than a few minutes by asking for account details, come inside
- Talk to the service representative instead of using your cell phone
- No more than two transactions per vehicle and no rolled coin
Item |
Cost |
Number per
Month |
Cost per
Month |
Cost per
Year |
Amt.
5 Yr. |
Amt.
20 Yr. |
Soft drink |
.75 |
30 |
$22.50 |
$270 |
$1,687 |
$13,364 |
Pack of Cigarettes |
3.50 |
20 |
$70.00 |
$840 |
$5,247 |
$41,576 |
Lunches Out |
5.00 |
12 |
$60.00 |
$720 |
$4,498 |
$35,637 |
Ringtones |
2.00 |
6 |
$18.00 |
$216 |
$1,349 |
$10,691 |
Snack Food |
1.00 |
15 |
$15.00 |
$180 |
$1,124 |
$8,909 |
Lottery Ticket |
1.00 |
8 |
$8.00 |
$96 |
$604 |
$4,783 |
TOTAL |
$193.50 |
$2,322 |
$14,509 |
$114,960 |
How many of these apply to your life? When you look at the chart – it makes you sick in the pit of your stomach, don’t it? We all have some of these that fit our lives. Some of these don’t fit us at all but we have other things that we spend our money for instead. Look how much money you could save – start with something small and put that money in a jar at the house and bring it to your savings account every week at the credit union. Watch it grow! You could do the same thing by placing $5.00 from your check in the account every week and leave it alone.
You can see additional information about savings on www.tennesseesaves.org. This chart came from them and assumes annual earnings of 8 percent.
The following fee changes will become effective on August 15, 2008:
- Money orders - $2.00
- Cashier’s Checks - 2.00
- Outgoing Wire Transfer - $12.00 ea
- Incoming Wire Transfer - $5.00 ea
- Stop Pay - $20.00
- Returned Statement/incorrect address - $5.00 ea
- Reopening due to negative history balance - $10.00 ea
Long-term Care Insurance will help you protect your assets for your future. It is specifically designed to help you protect your family from potentially high costs associated with long-term care. You may have planned for your future, but what would happen if, due to an accident, illness or aging process, you could no longer care for yourself? With Long-Term Care Insurance you could place your financial future out of risk. Call us for more information.
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Two new services that DCU has to offer are being rolled off the line for your use!
CUMONEY TRAVEL CARD
The CUMoney VISA Travel Card helps you when you travel. It is a travel debit card that we hope you find helpful in your traveling experiences. Traveler’s cheques have been replaced with this debit card. You may purchase one for $5.00 and load a minimum of $100 each time or a maximum of $5000. We will load the card here at the credit union from your cash or account and you will be ready to travel with your CUMoney Travel Card within 24 hours.
CUMONEY PREPAID DEBIT CARD
The CUMoney Prepaid Debit Card is almost ready for you to use.
It is a debit card that requires thinking ahead. You will come in to
the office and purchase this card for $5.00 and it will be mailed to your home address with your name embossed on the card within
7-10 days.
If you do not qualify for a debit card or credit card, the re-loadable debit card may be your answer. You can have any amount you want loaded on this card from your savings, checking or cash. To load your card, you can go online and load from your account at any financial institution (we hope from your DCU account). This loading time requires 3 business days.
This card will allow you to make purchases online, in stores, gas pumps or get cash at ATMS. And, you can reload through an easy-to-use website. It is not linked to your savings or sharedraft account.
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Remember to get your Six Flags St. Louis tickets from the credit union. Tickets are just
$26.99 each purchased here and if you wait, they are $44.99 at the gate.
That’s a savings of 18.00 per ticket.
Call 286-0152 for more information.
Our lobby will be open regular hours 8:30 a.m.– 4:30 p.m.
but the drive-thru hours will change to 8:30 a.m. to 7:00 p.m. on
Thursday. This will
give some of you longer to transact business. We hope this is a benefit you take
advantage of immediately.
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What's New 
Your savings federally insured to at least $100,000 
© Copyright 2008 Dyersburg Credit Union All rights reserved.