Concho Valley Credit Union now offers a Debit Card for your Share Draft Account to make your life a little easier! It allows members to make purchases wherever MasterCard is accepted, as well as obtain cash from ATMs. The purchases are deducted from members’ Share Draft Accounts. Here are some answers to commonly asked questions:
This debit card is different from a credit card because members aren't borrowing for purchases, they're accessing their own money. So, there's no bill to pay at the end of the month and no finance charges.
Members can use the debit card instead of cash or checks for everyday purchases. Merchant locations include gas stations, supermarkets, cinemas, department stores, restaurants, and anywhere MasterCard is accepted. There are over 12 million merchants worldwide that accept MasterCards.
Members receive a receipt from merchants and ATMs when they complete the transaction. Even if a receipt is lost, all transactions are detailed on the Share Draft statement, including date, merchant, location, and amount.
A debit card offers worldwide access to Share Draft funds at more than 220,000 ATMs and financial institutions. Members should match a logo on their card to a logo displayed on the cash machine (example: Cirrus, MasterCard, or Visa).