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Notice of Fee Changes
for Debit Card Holders
GEFCU strives to provide
all of our services at the lowest possible cost to our members.
However, due to recent changes in MasterCard©
fee structures, and in an effort to continue
providing Debit card services, GEFCU must make the following fee
changes:
Effective June 1, 2005,
MasterCard© will charge a 1% transaction
fee on all transactions completed in a FOREIGN CURRENCY with a
MasterMoney™ Debit card. The fee will be
charged separately from the transaction, and will appear on your
monthly statement. The fee will also be viewable with GEFCU's Home
Banking service.
Effective July 1, 2005,
all PIN-based Point-of-Sale transactions completed with your GEFCU MasterMoney™
Debit card will be charged a $.10 fee. This fee will be charged when
the transaction posts to your account, and will be shown separately
from the transaction on your monthly statement and within Home
Banking.
ATM transaction fees will
remain at the current amount.
To see a schedule of GEFCU fees,
click here. |