Cashback Checking Preview

Cashback Checking

Couple celebrating their cash back rewards

Welcome to a New Era of Banking.

New name, enhanced benefits.

Our Benefit Checking will become the new enhanced Cashback Checking starting January 1st, giving you access to more straightforward and rewarding banking. Say hello to simpler tier qualifications, direct cash back on your debit/credit purchases, and monthly rewards postings, all designed to make your experience even more valuable. ¹

This refreshed program is easier to navigate, with clearly defined criteria and faster rewards compared to our previous Benefits Checking offering.

What's Changing?

Simplified Tiers for Easier Rewards

The new Cashback Checking makes it easier to achieve rewards by meeting straightforward criteria like debit/credit transactions, direct deposits, and account balances.

Increased Cash Back Rewards and Structure

Enjoy higher cash back on loan payments and purchases. While we're removing rewards on certificate balances, we're boosting the benefits from cash back and loan payments.

Streamlined Qualifications and Consolidated Payouts

Qualifying for each tier has never been simpler — check out the new Terms & Conditions for all the details. Also, your rewards will now be paid out in one lump sum, making tracking and enjoying your earnings easier.

Our Commitment to You

Thank you for being a valued member. We’re constantly looking for ways to enhance your banking experience and provide value that matters.
These changes reflect our commitment to a simpler, more rewarding banking experience.

Stay tuned for more updates and get ready to enjoy your enhanced banking experience come January 1st!

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Disclosures

¹ Credit union membership is required. Subject to approval. Certain restrictions may apply. See Cashback Checking terms and conditions for details and restrictions of the program.

Qualified Debit and Credit Card Transactions must be posted to the account by the last day of the month. You must reach an increment of 1 transaction to receive the full bonus. The following transactions are not included in the calculation of transactions:
• Transactions less than $10
• Transactions related to online gambling
• ATM transactions
• Fraudulent transactions or transactions that are subject to a refund, credit or dispute

Individuals in each tier are eligible to earn up to $50.00 per month in total cash back rewards. This total is split between the cash back on purchases ($30.00 per month limit), and the cash back earned from loan payments ($20.00 per month limit).

A monthly maximum of $30 can be earned for Debit/Credit Card transactions. First Commonwealth Federal Credit Union reserves the right to retroactively correct errors and determine additional excluded transactions.

A monthly maximum of $20 can be earned for the Loan Payment bonus. Cash back calculated is based on the sum of all payments made on closed end loans and lines of credit with balances (indirect dealer loans are not eligible for qualification purposes). Mortgage loans may be used to determine eligibility for Tier 3 rewards however, Mortgage payments and Courtesy Pay repayment loans are not included in the calculation for loan payments. In addition, any amount paid in excess (additional principle) of the monthly payment amount due pursuant to the loan agreement/payment plan will not be included in the calculation of loan payments.