Sentences with phrase «qualify as debit card»
ATM transactions do not qualify as debit card purchases.
https://etfcu.org/ Not exact matches
Because of the Durbin amendment, as of October 1, 2011, debit interchange is capped for transactions (21 cents, plus 5 basis points -LRB-.05 %), plus an additional penny for issuers that qualify for fraud) for debit cards issued by banks and credit unions with $ 10 billion in assets or more.
They offer debit / credit cards currently so they'd qualify as a retail bank.
If you accept credit or debit card payments or sell big ticket goods or services on payment plans, you can request immediate cash advance for your projected credit and debit card sales or for big ticket items, receive lump sum payments upfront for each sale even as your credit qualified customers will be given extended time to pay.
To receive the bonus, you must: (i) qualify for a Checking account; (ii) open a new Checking account with a deposit of $ 25 or more; (iii) satisfy one or more of the following account requirements within the first full calendar month after account opening: have a minimum individual balance of $ 5,000 or minimum household balance of $ 10,000, make 5 or more purchases of at least $ 15 with your CEFCU Debit Mastercard linked to this new Checking account, or have direct deposits totaling $ 500 or more on this Checking account or associated Savings account; (iv) agree to receive your CEFCU account statements electronically, via CEFCU eStatements (excludes Credit Card eStatements), (v) maintain your open Checking account in good standing as of the bonus fulfillment date, and (vi) have a valid Social Security or Tax Identification number.
ATM withdrawals do not count as qualifying debit card transactions.
Only debit card transactions processed by merchants and received by the bank as Point of Sale (POS) transactions count toward qualifying debit card transactions.
Debit card transactions processed by merchants and received by the bank as ATM transactions do NOT count towards qualifying debit card transactDebit card transactions processed by merchants and received by the bank as ATM transactions do NOT count towards qualifying debit card transactdebit card transactions.