Latino Cash Points Global

New  LATINO CASH POINTS GLOBAL card: The multipurpose card that makes life easier for you and your family. This easy access and flexible debit card can be used for multiple purposes with the reliability, security and affordability that we always offer. Come for yours and make your life easier!

What is Latino Cash Points Global?

Latino Cash Points Global is a non-interest bearing controlled spending account with electronic access only, and debit transactions are limited to the available funds in the account.  “Cash Points” because you can get cash, “Global” because it can be used anywhere!  The account has:

  1. No checks
  2. No paper statements
  3. The card is the primary access device
  4. Every transaction must be authorized and approved as it occurs, so the member is always “in control.” 
  5. If funds are not available, the transaction is declined, as the account has no associated overdraft or NSF fees. 

What can I use it for?

  1. To send Money Home: It is an easier way to send money abroad with very low fees. Deposit money on the card at any time so that your family can use the money when they need it .
  2. Members without a checking account: Any member, even those who currently have no checking relationship, can have Latino Cash Points Global making the account a beneficial option for everyone. .  The worries of possible overdrafts and NSF fees have also been eliminated with the control features tied to this product
  3. Students: Students heading off to college are ideal candidates for the new Cash Points Global account/card.  With a controlled spending account, parents have the option of adding funds to the account/card as deemed necessary, while forgoing the risk of any overdrafts that might be incurred by the student.
  4. Frequent online shoppers:  Cash Points Global is a great option for online shoppers who want to limit the fraud risk exposure to their traditional checking account balance(s). 

 

Key features / Fees associated with Cash Points Global

 

  1. Authorized User – CPG account owner may designate one authorized user per card (i.e. family member in your home country, student, etc)
  2. Visa Access– CPG can be used anywhere the Visa logo is displayed – ATMs, merchants (cash back option also available with PIN) and online retailers.
  3. Branch Access –Branch transactions by account owner include deposits, withdrawals and transfers
  4. Miscellaneous Access – In addition to wire transfers, CPG can be used for other purposes:   As a funding account for loan advances, a distribution account for Share Term Certificates, Holiday Cash or Summer Cash Accounts or as a Bridge overage account.
  5. Monthly Maintenance Fee - $1.00
  6. Replacement Card Fee - $8.00 to replace a lost or stolen card

 

Come to one of our branches and get your Latino Cash Global cards for you and your family members and simplify your life and theirs!

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