| Debit or Credit? |
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Your First Credit Union Visa® Debit card is a fast, convenient and safe way to pay for everyday purchases. Accepted at millions of merchants worldwide, this card looks similar to a credit card but acts like a check because the amount is deducted directly from your checking account.
You have probably heard the cashier ask “debit or credit?” Have you ever wondered what the difference is? Either way, the purchase amount will be deducted from your checking account. There are advantages to selecting the credit option. Here’s an overview of the difference between “debit or credit.”
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| But which do you choose? |
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When the cashier asks “debit or credit” and you choose credit, you are opting for a signature-based transaction. Visa® offers a Zero Liability* policy on all signature-based transactions, protecting you against fraud, which is especially important considering your debit card is linked directly to your checking account. Plus, the guidelines for signature-based transactions are more flexible and enable the credit union to provide dispute assistance, if needed. Plus it enables you to use your debit card when you can’t remember your PIN!
When you choose debit, you are opting for a PIN-based transaction, which may not be covered under the Zero Liability* policy. If someone makes an unauthorized purchase with your debit card by entering your PIN, you could be held liable.
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| Choose credit! |
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Next time you are asked “debit or credit?” you will know the advantages of choosing a signature-based transaction rather than a PIN-based transaction and can make the best choice for you!
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*Visa’s Zero Liability policy covers U.S.–issued cards only and does not apply to ATM transactions, PIN transactions not processed by Visa, or certain commercial card transactions. Cardholder must notify issuer promptly of any unauthorized use. For more details about this policy visit www.visa.com/security. |
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| PlanYour Future |
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Have you thought about your future lately? Are you or your children planning to attend college or are you beginning to think about a retirement plan? We can help.
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For More Information |
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One of the benefits of being a member of First Credit Union is access to an experienced Financial Network Financial Consultant who will work with you to create a customized investment plan just for you. Take advantage of a FREE consultation with one of our Financial Consultants, Joe Shinske or Eric Stern. To set up an appointment, simply call Joe or Eric today! |
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| Financial Network Investment Corporation |
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Joesph F. Shinske |
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Financial Consultant |
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Assisting members in the West and North Valley including Flagstaff. |
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Devonshire Office
803 E. Devonshire
Phoenix, AZ 85014
(480)756-4701 |
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Eric T. Stern |
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Financial Consultant |
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Assisting members in the East and South Valley including Tucson. |
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Ocotillo Office
3800 Alma School Rd.
Chandler, AZ 85248
(480)756-4748 |
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Securities offered through Financial Network Investment Corporation, member SIPC. First Credit Union and Financial Network are not affiliated. Mutual funds, annuities and other investments available through Financial Network Investment Corporation are not insured by the NCUA, NCUSIF or any other regulatory agency, are not deposits, or obligations of nor guaranteed by First Credit Union or any other affiliated entity. Investments are subject to investment risks including loss of the principle invested. |
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