January 26, 2017

We’re switching to VISA!

All LMCU debit cards are currently hosted by MasterCard. Over the coming months, we’ll be making the switch to VISA as our new financial carrier. You’ll be issued a new LMCU VISA debit card within the next few months.

This change applies to all LMCU accounts where debit cards have been issued: Checking, HSA, Paycard, Business, and Premier. We’ve already begun the reissue process, based on current card expiration dates with those expiring soonest being replaced first.

The reissue process will be completed March 1, 2017. Your current MasterCard debit cards will continue to work until April 3, 2017.

LMCU is making this change because VISA provides better service, better processing solutions and is more widely accepted. We will also be adding enhanced security by adding EMV smart chips to each new VISA card. Additionally, this adds to our ability to maintain a 3% APY return on your Max Checking account, and continues to add value to our many financial services.

We regret any inconvenience this change might cause you. Should you have questions, please call us at (800) 242-9790 or visit any branch location.

No comments:

Post a Comment