VIP
REWARDS
$785,645

VIP Rewards

We value our members and the services they use. That’s why we have our VIP (Value In Participation) Rewards program. Our VIP Rewards program reviews the amount of products and services that our members use and assigns points. Points are automatically awarded the 1st of every month and those points are figured from the prior months activity and balances. These accumulated points can be cashed in for fee waivers, merchandise and FCU services. Last year alone, Frankenmuth Credit Union paid out over $785,645 in VIP loan interest rebates, VIP certificate dividend bonuses and free services to our members!

BASIC

  • Unlimited Free ATM Transactions at FCU ATMs
  • Eligible to Enroll in Benefits Plus for $6.95 a month

SILVER

100-199 points
  • Unlimited Free ATM Transactions at FCU ATMs
  • Eligible to Enroll in Benefits Plus for $4.95 a month
  • Free Online Bill Payment
  • No Minimum Balance in Classic Checking

GOLD

200-299 points
  • Unlimited Free ATM Transactions at FCU ATMs
  • Eligible to Enroll in Benefits Plus for $3.95 a month
  • Free Online Bill Payment
  • No Minimum Balance in Classic Checking
  • .25% monthly Consumer Installment Loan or CD Benefit

PLATINUM

300+ points
  • Unlimited Free ATM Transactions at FCU ATMs
  • Eligible to Enroll in Benefits Plus for FREE
  • Free Online Bill Payment
  • No Minimum Balance in Classic Checking
  • .25% monthly Consumer Installment Loan or CD Benefit
  • Unlimited PC or Phone Banking
  • $5 off Annual Safe Deposit/Lock Box Rental Fee
Shop Merchandise

MERCHANDISE

Reward Points
Description
Points Needed
Incoming & Outgoing Fax – 1 Page 300
Waive 1 Sheet of Temporary Checks Fee 300
Waive 1 Cashier’s Check Fee 300
Waive 1 A2A Fee 300
Refund 1 ID Protect Fee 500
Waive 1 Statement Copy Fee 500
Waive 1 MAP Card Load Fee 700
Waive 1 Copy of Personal Check Fee 925
Zipper Canvas Insulated Bag 925
Refund 1 Months Bill Pay Fee 1,200
Waive 1 Return Statement Fee 1,200
Refund 1 Classic Checking Minimum Balance Fee 1,200
Refund 1 Consolidated Balance Fee 1,200
Waive 1 ATM, Debit or Credit Card Replacement Fee 1,200
1 Gift Card or Reloadable Card Fee Waived
(excludes personalized cards)
1,200
Waive Loan Payment Reversal to Deposit Acct 1,200
1 Free Box of Personal FCU Branded Checks
to Members 60+ Years Old
2,000
Waive 1 Classic LOC Fee 2,300
Refund 1 Returned Check Fee 2,300
Waive 1 Personalized Reloadable Card Fee 3,500
1 Free Box of FCU Branded Person Size Checks 5,500
Refund 1 Personal Loan Late Fee 6,900
Refund 1 Credit Card Over Limit Fee 6,900
Refund 1 Credit Card Delinquent Fee 6,900
Refund 1 Checking Overdraft Fee 8,000
Refund 1 Bounce Protection Fee 8,000
Refund 1 NSF Fee & Waive 1 Stop Pymnt Fee 8,000
Waive 1 Skip a Pay Fee 8,000
Waive 1 Mortgage Loan Extension Fee 11,400
Waive 1 Regular Consumer Loan Application Fee 23,000
Take $100 Off a Fixed Home Equity Application Fee 23,000
Take $100 Off Fixed Mortgage Closing Costs 23,000
Waive 1 “Lenders Option” Fee 138,000
Waive 1 Driving Sense Acquisition Fee 181,800
Description
Points Given
e-Alerts Subscription 5
Valid Email Address 10
ATM Card – active 10
Bill Payment – enrolled 10
e-Statements – enrolled 10
Online Banking – active 10
Phone Banking – active 10
Mobile Text Banking – enrolled 10
Mobile Web Banking – active 10
Each Consumer Loan (excluding Mortgage and Equity) 10
Each Savings Product (other than CD’s and IRAs) 10
Opt-in for Overdraft Protection 15
e-Notices Subscription 20
Credit Card – active 20
Certificate of Deposit (max 20 pts) 20
IRA Savings or IRA CD’s (max 20 pts) 20
ACH with Deposits of at least $100 per month 50
Mortgage Loan 50
Equity Loan 50
Consumer Checking 50
Loan Payment Only via AFT – active 50
Loan Payment via ACH 50
Aggregate Savings of $5,000 – $9,999 50
Aggregate Loans of $5,000 – $9,999 50
Aggregate Savings of $10,000-$49,999 100
Aggregate Loans of $10,000 – $49,999 100
Aggregate Savings of $50,000 – $99,999 150
Aggregate Loans of $50,000 – $99,999 150
Aggregate Savings of $100,000 & Up 200
Aggregate Loans of $100,000 & Up 200

On Computer:

Login to online banking. You will find your VIP points on the left-hand side of the page under Rewards.

You cannot access VIP Reward points on the FCU app or mobile online banking platform.

* Business accounts do not qualify for VIP status. Any negative savings account balances (minus 200 pts), wrong addresses (minus 100 pts), or delinquent loans (minus 300 pts) will results in a deduction of monthly points. VIP point tiers, lifetime point, or VIP rewards may change or end at any time. VIP bonus rate rewards are figured in when calculating rate match rates. Points are calculated on the balances kept and the services used and awarded on the first day of the following month. Contact us for more information.

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