Mastercard Benefits

Red Crown is excited to announce that we have moved our debit cards to Mastercard.  This change gives our members some great benefits; some of which are:

  • Mastercard ID Theft Protection
  • Financial Account Takeover
  • URL and Domain Monitoring
  • Monthly Risk Alert/Newsletter
  • Identity Monitoring
  • Resolution Services
  • Lost Wallet Assistance
  • Single Bureau Credit Monitoring
  • Mastercard Global Service
  • Extended Warranty
  • Mastercard Airport Concierge
  • Priceless Cities

We will highlight a few of these benefits below:

Identity Theft

Mastercard ID Theft Protection puts your mind at ease when it comes to identity theft. There are at least three ID Theft Protection programs that will help monitor and detect if there is any potential threat occurring.

Financial Account Takeover – This program monitors your account for high-risk transactions.

Identity Monitoring – This program searches the internet to see if your personal information is being compromised. They look at emails, debit cards, credit cards, bank accounts, web logins, medical insurance cards, driver’s licenses, passport number, social security number, and more.

You do have to sign up for Identity Monitoring. Simply go to https://mastercardus.idprotectiononline.com/enrollment/embedded.html. Click the “Activate Now” button and you will be guided.

Resolution Services – An identity theft team is available to you 24/7. You can authorized them to act on your behalf to contact police, credit agencies, and other authorities regarding identity theft issues.

If you want to learn more about identity theft programs, click Master Card Benefits.

Airport Concierge

Mastercard gives you a chance to have a less stressful and seamless trip. On their website, https://mastercard.globalairportconcierge.com/, they will help you search for the best prices for your flight.

Their Airport Concierge arranges a Meet & Greet agent to escort you to your departure, arrival, and connecting flights. This benefit does cost you, but Mastecard gives you a 15% discount on their service.

You can at last say goodbye to long security lines! Using your Mastercard Airport Concierge, you are expedited through security at certain airports.

Mastercard Connecting Flight Services is a transit service. From the moment you land, they will assist you with all your transit services. The Connecting Flight Services are available to you at any time, on any day, at over 700 destinations worldwide.

You have to sign up for airport concierge. Simply go to https://mastercard.globalairportconcierge.com/.

Priceless Cities

Mastercard Priceless Cities gives you a one-of-a-kind experience when you are at home or away. With this program, you receive discounted prices on events or items because you are a Mastercard holder.

There are six different categories for you to choose from; dining, sports, arts, shopping, entertainment and travel around town. These exclusive deals are available in the USA, Europe, Canada, Mexico, South America, and Asia. Some examples of discounts include:

  • Tower above the Windy City with a VIP 360 Chicago Experience
  • Miami Starlight Cruise
  • Cooking Classes
  • Talk to a New York Yankee

All you have to do is sign up for the program at pricless.com. The deal you choose is not free, but you receive an exclusive discount on the experience because you have a Mastercard.

 

*Red Crown Credit Union is not a financial planner or financial advisor. This is general information and is not a guarantee of saving money.

5 Ways to Save Money

Can we all agree that 2020 has kept us on our toes? Some days feel like time is going so slow and other times it is flying by! Before we know it, the holidays will be here.

Red Crown wants to help you find ways to save during these crazy times. Below are a few examples of ways to help you save money:

Spend a Little Less on Yourself 

According to CNBC, online shopping has gone up 31.8% since the pandemic. Along with online shopping, companies have started to re-open and we are getting back to normal, which means even more shopping.

One great way to save money is to cut back on things you want and do not need. Cutting back on small items can add up dramatically. We all know the Starbucks analog; if you spend $4.43 per drink at Starbucks and you indulge every workday, you will have spent $22.15 in one week on coffee. Cut your trips in half and you will save $11.07 each week. That is $44.30 in just a month!

Look at how much you are spending on random online shopping, going out to eat, Door Dash, and more. You may be shocked. Say no to the some of those “wants” and watch your savings grow.

Stick to Your Shopping List

How many times have you veered off your grocery list or just went from memory? People who do not stick to their grocery list or shop from memory tend to spend more money. Grabbing random items can add up quickly. People who make a list and stick to it end up spending less.

Bring Cash

Go back to when you were a kid and had no debit card or credit card. Do not use any plastic while shopping. Using cash will force you to spend only what you have in your wallet.

Finance Apps

Finance apps can help you make a budget that works for your lifestyle. Within these apps, you can create categories for your paycheck distributions. The program will advise you on what percentage of your check should go into each category. These apps help you to take control on how you budget your money each month.

Using one of these apps can be very useful in knowing how to save, when to save, and how much to save.

Look for Deals

Deals happen all year around. You can find deals when purchasing food, gifts, clothes, and more. Look for sales, coupons, and plan ahead.

Conclusion

These five tips may seem easy, but breaking habits can be a hard thing to do. You do not have to try all of them at once. Using one from this list is a great way to start. When you get comfortable with one, add another. Just start.

 

*Red Crown Credit Union is not a financial planner or advisor, and this blog gives general ideas on how to save money. Individual results may vary.

Best Credit Unions To Work For 2017

Red Crown Credit Union has been named one of the 2017 Best Credit Unions to Work For in the United States. Credit Union Journal has partnered with Best Companies Group to identify companies that have excelled in creating quality workplaces for employees.

This survey and awards program is designed to identify, recognize and honor the best credit unions. The list is made up of 45 credit unions. The full Best Credit Unions to Work For in the United States list is featured in the September issue of Credit Union Journal.

To be considered for participation, credit unions had to fulfill the following eligibility requirements:

  • Have at least 25 employees working in the U.S.
  • Be in business a minimum of one year
  • Be in one of the following categories based upon asset size: Over $1 billion, $500M-$1B, $200M-$500M or Under $200M

Determining the Best Credit Unions to Work For in the United States involved a two-step process. The first step consisted of evaluating each participating credit union’s workplace policies, practices, and demographics. This part of the process was worth approximately 25% of the total evaluation. The second part consisted of employee surveys aimed at assessing the experiences and attitudes of individual employees with respect to their workplace. This part of the process was worth approximately 75% of the total evaluation. The combined scores determined the best credit unions and the final ranking. Best Companies Group managed the overall registration and survey process and also analyzed the data and used their expertise to determine the final ranking.

Red Crown was ranked 30th out of the 45 credit unions chosen for this honor. A few of the reasons employees enjoy working at Red Crown is:

– Every employee’s birthday gift is a paid day off
– Employees are eligible to begin contributing to their 401(k) immediately when hired
– Employees celebrate a themed Spirit Day every quarter
– Employees are supported to give back to their community causes
– Employees are chosen to be a part of the Red Crown Innovation team
– Employees make treats for other employees birthdays, anniversaries and showers

ACH Changes

ACH From Red Crown Credit Union

Effective September 15, 2017, ACH debits and credits will have the ability to post on the same day they are created. This affects all institutions, not just Red Crown Credit Union.

What does this mean to you?

Going forward, ACH items and paper checks will post as they are presented to Red Crown Credit Union. These changes mean that electronic credits and debits (including checks that you issue which are subsequently processed as electronic debits), may be eligible for processing on the same day that they are authorized by you. This results in a faster payment system, which has great benefit when you are receiving a payment, but also means that payments you make may clear your account sooner than they have before.

It is important to make sure that funds are available in your account before you make in-person, online, or telephone payments to avoid incurring NSF or Overdraft fees. Previously, ACH transactions could have taken 1-2 days to process; now, the same transactions may post the same-day on which you authorize them.

Red Crown Credit Union offers our members several easy-to-use tools to help manage your account(s) and check your balances, such as:

• Online Banking
• Mobile Banking
• Account Alerts

If you have any questions, please contact us at 918.477.3200​