woman using atm

Debit Cards

My Credit Union Debit Card

Make the check writing hassle a thing of the past! The uniquely designed My Credit Union Visa® Debit Card is fast becoming our favorite checking account addition. Use this convenient card at any merchant who accepts Visa® debit cards. Your checking account will be debited for the purchase.


Helpful Information about Debit Cards

A debit card is a card that is linked to your checking account and draw funds directly in order to make purchases. Debit cards eliminate the need to carry checks or cash, but they do allow you to make ATM withdrawals when needed. As the funds pull right away, this is a great option for daily purchases.
When you make a purchase, the total amount will be placed on hold in your checking account. Then the merchant will send the transaction to your financial institution and funds are transferred to the merchant’s account. This is often done very quickly, meaning the user will have less movement on their account that needs monitoring.

When you swipe your card in store, you can select either debit or credit at the register. If you select debit, you will need to enter your four-digit PIN. If you select credit, you will need to sign a copy of the receipt. Both transactions will pull from your checking account in the same way. You will also need to enter your PIN to withdraw from an ATM.

A debit card is a great option for many. Users don’t pay interest on their purchases and transactions appear on monthly checking account statements, making it easier to track spending. In contrast to credit cards, debit cards make it difficult to overspend since users are limited to the funds available in their account. Debit cards are a practical tool for money management and helping users live within their means.

There are some limitations for debit cards, include daily purchase limits, lesser fraud protections, and a lack of influence on your credit score. To learn more about additional MY Credit Union products that can help to round out your financial plan, please visit us in branch to discuss what options might be right for you.
Debit cards are available, often free of charge, to those with an active checking account. They allow you to make purchases with the available funds in your account, making them a secure and convenient option for many.
Debit cards are a good option for teenagers, thirteen or older, who are often beginning their first jobs. As they start to receive paychecks and spend their own money, a debit card will be a useful tool in tracking their spending. This can be an important step in building responsible money habits.
Debit cards are also a great option for those who are learning to better manage their money. As payments pull directly from your account, it becomes harder to overspend. Unlike a credit card, which does not require immediate payment, a debit card will hold you accountable to only spend what you have.
Even though debit cards have become widely used, many people are unfamiliar with their advantage and disadvantages. Debit Cards look like credit cards, but function like cash or a personal check.
Debit Card Can Function in Two Ways:

  • Like an ATM Card for immediate withdrawals of cash
  • Like a Check when buying an item. The money used to pay for the transaction is deducted from your account within a day or two.

Extra Security also helps you keep piece of mind - Our EMV or Chip Card brings increased security because it is a more sophisticated authentication than the magnetic-strip cards.


  • Provides 24/7 checking account access
  • Is accepted everywhere Visa debit is accepted*
  • Grants access to 40,000s of surcharge-free ATM Locations


 * = Visa charges a 1% fee on all international debit/ATM transactions.

Cash Back at the Store -- The ATM Alternative!
Debit Card holders have another way to withdraw cash besides the ATM -- get cash back when checking out at most stores.
When purchasing at a participating retailer, choose the “Debit” option and enter your PIN instead of choosing “Credit” and signing for your purchase. This gives you the opportunity to receive cash back with no fees from the transaction.