PEMBROKE PINES, Fla. — Power Financial Credit Union is giving back to members in a big innovative way.
Dubbed as "the next generation" of checking, the Cash Back Checking is a totally free checking account that rewards members for using multiple services.
Members can earn high dividends of 6.01% Annual Percentage Yield and receive refunds on ATM surcharge fees charged by other banks' ATMs.
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To take advantage of the rewards, Cash Back Checking accountholders must make at least 12 Power Financial Visa debit card transactions per cycle, accept online eStatement delivery and complete three bill pay transactions per cycle.
"This is a prime market to introduce our new Cash Back Checking," said Power Financial CU President/CEO Allan M. Prindle. "It considerably raises the bar on consumer expectations from a checking account by offering our members higher rates comparable to internet banks but retain the ability to have full customer service from a local financial institution. It is our way of rewarding members with a 'Thank You' that makes 'cents' for
everyone."
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