Q. If I use my debit card at an ATM, will that transaction count towards my requirements?
A. No. Qualification transactions must be done at a point-of-sale venue using either a Personal Identification Number (PIN) or signature.
Q. May I "carry forward" debit card transactions in excess of the required number to the next statement cycle?
A. No. Each month a new qualification cycle begins.
Q. Will the transactions from this statement cycle on my old account count towards the required transactions for this statement cycle on my Performance Checking account?
A. No, however members automatically qualify for the bonus rate during their first month in which they establish the account.
Q. Why do I have to use my debit card for Performance Checking?
A. Members who have a Performance Checking account are being rewarded for fulfilling certain activities which most are doing anyway using regular checking accounts. By requesting use of more cost-effective delivery channels, such as debit/Point of Sale (POS), LAPFCU is able to give back to the members in the form of greater dividend returns.
