The Crescent State Bank of North Carolina has just announced the introduction of a new points program for VISA debit card users. The program is named Points2U and it offers customers the chance to earn a point for each $2 that they spend on debit card purchases.
The bank will issue customers with quarterly printed statements and monthly statements by e-mail so that they can keep a check on the points earned. These points can be used for the purchase of airline tickets, holidays, card rental and a variety of goods bought from participating retail outlets, both online and offline.
Points2U only applies to holders of Crescent State Bank VISA® debit cards in good credit, and the offer is subject to a number of conditions. For example, if you want to use your points for a travel purchase you need a minimum of 4,200 points while a merchandise purchase needs a minimum 2,500 points. Also, all points must be redeemed within three years of the month when they were earned.
Free Rewards Checking
While you’re there, you might want to find out about their free rewards checking account. A checking account that earns a premium interest rate is an idea that customers are going to find appealing. The Crescent State Bank of North Carolina offers a Reward Checking Account earning 5.01% APY for balances below $25,000 and 1.01% APY on balances over $25,000.
In addition to the high APY rate this Free Rewards Checking Account offers:
- No service charges or minimum daily balances to avoid service charges.
- Unlimited check writing, debit card and ATM usage.
- ATM refunds of up to $25.
- Free online banking and bill paying.
To qualify for the quoted APY rates and ATM refunds you must:
- Make an opening deposit of at least $100.
- Make at least ten debit card transactions, and one direct deposit or automatic debit each month.
- Sign on to receive e-statements.
If these qualifications are not met during a statement cycle, a rate of 0.10% APY is paid on all funds and ATM fees are not refunded.
