1MyLife Savings: Upon enrollment, you will have the option to round up your FinancialEdge debit card purchases to the nearest dollar and transfer the
difference from your MyLife Checking account to your designated MyLife Savings account. We aggregate the round-up from purchases that post to
your checking account each business day and make a single transfer (the “MyLife Savings” transfer) at the end of the business day. If on a business day you do not have sufficient available funds in your checking account, or if any transaction has overdrawn your checking account, we do not round up purchases posted on that business day and we cancel the MyLife Savings transfer for that day. If your debit card purchase is subsequently canceled or reversed, the corresponding MyLife Savings transfer will remain in the savings account. MyLife Savings is available only on a debit card linked to your MyLife checking account. The following activities do not count as a qualifying debit card purchase: ATM-processed transactions, transfers between accounts. MyLife Savings is not available for Business debit cards. We may cancel or modify the MyLife Savings feature at any time without prior notice. When your MyLife Savings account qualifications are met during a Cycle, balances up to $10,000 receive APY of 1% and balances over $10,000 earn .05% interest on the portion of balance over $10,000 resulting in a range from .05% to 1% APY depending on the account’s balance. When MyLife Savings qualifications are not met, all balances in the account earn .05% APY. Interest will be credited to your MyLife Savings account on the last day of the statement cycle in which these purchases post and settle to your account. APY=Annual Percentage Yield and is stated as of 10/1/2017 and subject to change.

*THE FOLLOWING STATEMENT APPLYS TO ALL MyLife My Way, MyLife Gets CA$H Back and MyLife Earns Interest accounts: Limit 1 account(s) per social security number / individual taxpayer identification number. There is a monthly service fee of $3 if the account is not opted-in for e-statements. There are no fees to close this account. Rates and rewards are variable and may change after account is opened. Contact a FinancialEdge CU service representative for additional information, details, restrictions, processing limitations and enrollment instructions. Account transactions and activities may take one or more days to post and settle to the account and must do so during the Monthly Qualification Cycle (Cycle) in order to qualify for the account’s benefits. The following activities do not count toward earning account rewards: ATM-processed transactions, transfers between accounts, and purchases made with non-FinancialEdge CU issued debit cards. Cycle means a period beginning on the first day of the current statement cycle through the close of the current statement cycle. Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. Credit Union membership required. To earn and maintain account benefits, the following conditions apply: receipt of electronic statements, at least one monthly EFT OR Bill Pay debit withdrawal, having at least 20 debit card purchases post and settle, no 30-day loan or ODP delinquencies, and no accounts with negative shares.

2MyLife My Way:  When MyLife My Way qualifications are met during a Cycle: you will earn up to an aggregate total of $10 in refunds for any ATM fees. In order to be refunded, the ATM fees must be on your FinancialEdge CU debit or ATM card and must post and settle to your account no more than 30 days after the Cycle. When MyLife My Way qualifications are not met, ATM fees are not refunded. Any qualifying ATM fees will be refunded to your account on the last day of the statement cycle in which these purchases post and settle to your account. 

 

3MyLife Gets CA$H Back: When MyLife Gets CA$H Back qualifications are met during a Cycle, you will receive 1% cash back on up to a total of $1,000 PIN-based/signature-based debit card purchases that post and settle to the account during that Cycle period. A maximum of $10 cash back may be earned per Cycle. When MyLife Gets CA$H back qualifications are not met, no cash back payments are made. Cash back payments will be credited to your MyLife Gets CA$H Back account on the last day of the statement cycle in which these purchases post and settle to your account.

4MyLife Earns Interest: When your MyLife Earns Interest account qualifications are met during a Cycle, balances up to $10,000 receive APY of 2%
and balances over $10,000 earn .05% interest on the portion of balance over $10,000 resulting in a range from .05% to 2% APY depending on the account’s balance. When MyLife Earns Interest qualifications are not met, all balances in the account earn .01% APY. Interest will be credited to your MyLife Earns Interest account on the last day of the statement cycle in which these purchases post and settle to your account. APY=Annual Percentage Yield and is stated as of 10/1/2017 and subject to change.

MyLife Accounts Disclosures

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Tel: 989-892-6088  |  Email: info@finedgecu.org