Credit Cards
This type of card you will need to put funds in a special savings to help you build credit.
Secure Credit Card
What is the longest loan that we offer for auto loans?
84 months/ 7 years
What is the longest term a member can have for a personal loan?
5 years/ 60 months
How many transcations are needed on the cash back checking to receive $25 a month?
15
What is the maximum limit a member can withdraw with their ATM card for cash?
$1000.00
We charge what percent for cash advances?
Zero
If a member wants to refinance or purchase a vehicle, how much is the minimum before we can finance for 61 months or above?
What is the smallest amount a member can be approved for?
$500.00
The FedChoice Checking accounts are allowed to get a Cash and Carry Loan? True or False
True
When a member disputes/fraud a transaction on their card, what is the maximum amount of time on their statement that they can report it to FedChoice before it can no longer be reported?
60 days
What credit card has a fixed interest rate?
FedStart Card
Gap Protection covers how much of the value for a vehicle? (Percentage wise)
150%
What is the maximum amount a member can be approved for?
$35,000
The High Yield Checking accounts are allowed to earn interest up to how much money deposited in the account?
$10k
What is the highest limit credit card that we can offer a member?
Platinum Rewards $50k.
What is the longest term that you can finance over 10 years?
36 months/ 3 years
What is an alternative if a member can not be approved for a personal loan over $35k?
Mortgage Refinance, Home Equity
How many days do we allow members with direct deposits to receive the money before they are paid? (Early Direct Deposit)
2 Days
When closing a membership when someone has passed away, if their is a joint on the membership, what is needed to close membership?
Just the original death certificate, no letters of adminstration is needed.
ScoreCard
What is the name of the auto insurance that FedChoice uses as a partner?
Yes, based off the balance of the loan. The higher the balance means the debt protection payment will be higher. It is different every month.
What is the highest interest rate you can receive on the high yield interest checking account?
4.00%
When using the ITM what is the maximum you can withdraw by using your account number and social security number?
$2500.00