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Credit Union Logo (Credit Union Logo) The PayCard1 is an innovative new way to receive your pay. The PayCard is a re-loadable pre-paid Visa debit card that can be “loaded” with the money from your payroll. It can be used instead of a paper check or direct payment to a financial account. Each pay period, your pay is credited to the card. Make purchases anywhere Visa debit cards are accepted. Just hand the card to the cashier and sign the receipt. The money comes directly from your PayCard. No interest is charged and you do not need a PIN. Your card is welcome at millions of locations worldwide – grocery stores, gas stations, restaurants, and more! Direct Deposit to your PayCard is fast and convenient. • Your payroll is deposited directly to your PayCard. It’s instant money in your pocket. • No need for a credit card. After you register your card online, your PayCard can be used to make purchases over the Internet, by phone, or by mail. • When you need cash, you can access your money 24 hours a day at any ATM. Your PayCard offers cost savings. • Compare our PayCard to other pre-paid cards! Compared to check-cashing charges and other pre-paid cards, our low-cost card may save you money. • No need for a check cashing service and no check cashing fee. • No need to have a checking account. • No need to stand in line to cash your check. Your pay is loaded to your card automatically. Your PayCard is safe. • There’s no need to carry around a lot of cash that could get lost or stolen. With Visa’s Zero Liability Policy, if your card is ever lost or stolen, your card may be replaced with the full amount of unauthorized transactions.2 1 The Visa Payroll Card is issued by INOVA pursuant to a license from Visa U.S.A. Inc. 2 Visa’s Zero Liability Policy covers U.S. issued cards only and does not apply to commercial credit cards, ATM transactions or PIN transactions not processed by Visa. Cardholders must notify card issuer promptly of unauthorized use. Consult cardholder agreement for additional details or visit Visa.com/security. How to Avoid Common Fees with Your New PayCard … (Credit Union Name) wants you to enjoy using your new PayCard and save money at the same time. Here is your guide to avoiding the most common PayCard fees: 1. Use your card for purchases When you use your card for purchases rather than at an ATM, you avoid ATM usage fees. 2. Keep track of your balance By keeping a balance on your card and tracking your spending you avoid over-the-limit fees. 3. Check your balance • To check your balance for free, go online to www.visaprepaidprocessing.com/INOVA/Payroll. You’ll be able to view your transactions. This is the best way to keep track of your spending. • You may also use the automated telephone system to check your balance. Just follow the menu. You will be charged a nominal fee using this system. A higher fee is charged if you request to speak to an individual. 4. When paying for purchases at local merchants use as credit with the swipe and sign method Merchants will ask if you are using your card as a credit or debit. To avoid a transaction fee, choose credit and sign the receipt. Since your card is pre-paid, it will not register as a credit card transaction. 5. Keep your card in a safe place Always safeguard your card from loss by keeping it in a safe place, not letting others use your card and always carrying it with you. If you lose your card, there is a replacement fee. 6. Pay bills with your PayCard More and more companies are accepting Visa debit as a form of payment. Find out if your utility, cell phone, and cable companies will accept your PayCard as a form of payment. If so, you can stop purchasing money orders. For more information please call (Credit Union Number) (Credit Union Logo) VPP1805.
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