Mechanics Bank was one of the first California banks to offer the convenience of the enhanced MasterMoney™ debit card. We now offer anytime, anywhere access to your cash and numerous merchant locations.
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Gold
MasterMoney™ Card |
MasterMoney™
Card |
ATM Card |
Do I need to qualify for this
card? |
Yes |
Yes |
Yes |
|
Does it work
like an ATM Card? |
Yes |
Yes |
Yes |
|
Can I use it in place of cash or
checks? |
Yes, wherever
debit MasterCard™
is accepted. |
Yes, wherever
debit MasterCard™
is accepted. |
At various supermarkets, and wherever you see the Star® System logo. |
|
Can I still
write checks? |
Yes |
Yes |
Yes |
|
Is it a credit card? |
No |
No |
No |
|
Is there an
interest charge? |
No (purchases are
deducted from your
checking account). |
No (purchases are
deducted from your
checking account). |
No (purchases are
deducted from your
checking account). |
|
Is there an annual fee for the
card? |
No |
No |
No |
|
Is there a
transaction fee for its use? |
No* |
No* |
No* |
|
Is it accepted wherever
MasterCard™ debit cards are accepted? |
Yes |
Yes |
At selected locations. |
|
Is there a
foreign ATM surcharge rebate? |
Yes, with eligible account. |
Yes, with eligible account. |
Yes, with eligible account. |
|
How will transactions appear on
my monthly checking account statement? |
Each transaction will be
individually listed and you reconcile your statement as always. |
Each transaction will be individually
listed and you reconcile your statement as always. |
Each transaction will be
individually listed and you reconcile your statement as always. |
|
Is there a
Cash Rebate Program? |
Yes, in
accordance with Cash Rebate Program Rules†. |
No |
No |
|
*Mechanics Bank
does not charge its customers for using Mechanics Bank's ATM machines or other banks' ATM machines. Other banks may charge Mechanics Bank customers for using their ATM machines. There is no Mechanics Bank transaction fee for point of sale use.
†Gold MasterMoney Rebate Program Rules
Mechanics Bank Gold MasterMoney Rebate Program ("Program") allows you to
earn a .5% rebate not to exceed $500 on all Qualifying Purchases made during each Program Year. Your
participation in the Program begins automatically when you open a Card.
Qualifying Purchases. Qualifying Purchases are signature based transactions for
goods and services charged to your primary checking account ("Account") using
your Gold MasterMoney Card ("Card"), less credits for any returned
items or adjustments. Nonqualifying transactions include cash withdrawals,
transfers, and PIN-based purchases through STAR or Maestro locations. The
Program is based on individual usage of a Gold MasterMoney Card ("Card"). If an Account is linked to more than one
Card, each Card will be separately eligible for participation in the Program .
Program Year. The Program Year is November 1 through October 31
of the following year. A Card may begin participation in the Program at anytime
during the Program Year.
Minimum Qualifying Purchases. A rebate will be paid so long as the Card has either $200 in average monthly Qualifying Purchases
or $2,400 in total Qualifying Purchases during the Program Year. If the Card is opened after November 1, the rebate will be based on the total amount of Qualifying Purchases, prorated for each full month when the Card was opened until the end of the current Program Year. For example, if the Card is opened on July 31, a total of $600 of Qualifying Purchases would be required to earn a rebate as of the end of the Program Year.
Eligibility. To be eligible for payment of the rebate, the Card
must meet the requirements for minimum Qualifying Purchases. In addition, the
Account and the Card must be open and in good standing as of October 31 of the
Program Year and the Account must have a positive balance as of that date.
Payment of Rebate. Rebates will be paid each November for
Qualifying Purchases in the immediately preceding Program Year, by credit to the
Account.
Amendment or Termination. The Bank reserves the right to amend
or terminate the Program at anytime.
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