For all your Mortgage Needs - Arkansas Federal Mortgage

Visa Secure Credit Card

Arkansas Federal members have the option of a Visa Secure Credit Card as an alternative to the typical Secure Credit Cards that are offered with interest rates above 20% and initial fees of $50.00 or more. Our Visa Secure Credit Card will not have the high-dollar initial or annual fees associated with it. This is a great product for those members trying to establish their credit history for the first time or for members who have had past financial difficulties and want to re-establish their credit history. In today's world, having a Credit Card is essential as you try to make various reservations----from confirming hotel dates to reserving a rental vehicle.

For more information, call 501-982-1000 in Central Arkansas, or 800-456-3000 outside of central Arkansas to speak with an Arkansas Federal Loan Officer.

Click here to check our Visa Credit Card rates.

Convenient, No-Hassle Purchases

At your favorite restaurant, the gas pump, the grocery checkout lane, or wherever you shop, the Visa Secure Credit Card makes everyday purchases easier than ever before. Just present your Visa Secure Credit Card at any merchant where Visa is accepted and your purchase will be automatically applied to your next bill.

Payments

Visa Secure Credit Card statements are generated on the 25th of each month. At Arkansas Federal, members have More Options and More Choices when making payments.

Payments can be made effortlessly by:

Direct Deposit or Payroll Deduction
Mailing your payment to the credit union
Visiting a teller station at any Arkansas Federal branch
Transferring funds via our 24-Hour Touch Tone Teller
Online Account Access
ATM

Member to Member Account Transfers

Arkansas Federal Credit Union recognizes the fact that members need the ability to transfer funds from accounts under one member number to accounts under another member number.

With member-to-member transfer that is now possible! If you are listed jointly on ANY AFCU membership, you may now transfer money from one member number to another through Account Access. First, you will need to contact the Call Center and request that member to member transfers be enabled on any accounts that you are listed jointly. Once this has been enabled, you will login to Account Access and select the Account Transfers tab. Select what membership/account you would like to transfer money FROM. Then select the membership/account that you would like to transfer money TO. AFCU members may also schedule recurring transfers through Account Access with the Scheduled Account Transfers tab.

To request member-to-member transfer, simply contact our Call Center at 501.982.1000 in central Arkansas or 800.456.3000 outside central Arkansas and speak with one of our Call Center Representatives during normal business hours.

Skip-A-Payment

Members in good standing may choose to skip their monthly Visa Secure payment two times during the year. If you receive your Visa Secure statement in June and December, and you notice a $0 minimum payment amount then you owe nothing for that monthly payment (interest continues to accrue on the balance). You may use the extra cash for a well-deserved night out with the family, home repairs, or just a budget break.

25-Day Grace Period on Purchases

You have 25 days to repay your balance for purchases before a finance charge on purchases will be imposed. If the new balance is not paid in full within 25 days, a finance charge will apply to both the balance remaining (including current billing cycle transactions) and to all transactions during succeeding billing cycles until the new balance is paid in full.

In-House Account

Because your Visa Secure Credit Card account history is maintained at Arkansas Federal, answers to your questions or problems are as close as our nearest branch office. You will enjoy dealing in person with people you already know and trust.

Cash Advances

Need cash on the run? Use your Visa Secure Credit Card to get a cash advance through our 24-Hour Touch-Tone Teller (If you call prior to 3:00 P.M. Central Time on a business day, your check is mailed the same day), a credit union-owned ATM, or any ATM worldwide. Cash advances may also be obtained by presenting your Visa Secure card at any Arkansas Federal branch location, or if out of state, at the financial institution nearest to you. Cash Advances from your Visa Secure Credit Card may also be obtained by using Online Account Access to transfer money from your Visa Secure Credit Card Account to your Share Savings or Checking Account. With the Arkansas Federal Visa Secure Credit Card, there are no transaction fees charged on cash advances and unlike other financial institution's credit cards, cash advances with an Arkansas Federal Visa Secure Credit Card are charged the same low interest rate as purchases.

Verified by Visa Online Shopping Security

Verified by Visa is a service that protects the Visa credit or debit card by adding a password to confirm online purchases. This helps ensure that only you can use your Visa card online. Once you activate your Verified by Visa password your card will be automatically recognized as protected by Verified by Visa, your password will be verified, and your transaction will be completed as usual. To activate your Verified by Visa password log on to www.visa.com/verified.

$0 Liability Fraud Protection

Use your Visa Secure card to shop online, in a store, or anywhere, and you are protected from unauthorized use of your card or account information. With Visa's Zero Liability policy, your liability for unauthorized transactions is $0-you pay nothing! Visa's Zero Liability policy means 100% protection for you. Should someone steal your card number while you are shopping, online or off, you pay nothing for their fraudulent activity. If you notice fraudulent activity on your card, promptly contact Arkansas Federal to report it. It is important to monitor your monthly statement to identify any unauthorized transactions. The Zero Liability policy covers all Visa credit and debit card transactions processed over the Visa network-online or off. The only transactions not covered under the Zero Liability policy are commercial card, ATM, and non- Visa-branded PIN transactions.

Falcon Alert helps Prevent Debit and Credit Card Fraud

Arkansas Federal Credit Union subscribes to a state-of-the-art technology called Falcon, to help prevent potential debit and credit card fraud. Based on previous card usage, if a debit or credit card purchase looks suspicious, we’ll try to contact you at your primary, secondary or alternate phone numbers to verify if the card was used by its rightful owner—or determine if the account has fallen into the wrong hands. If the account is being used fraudulently, we can prevent additional activity from occurring.

For Falcon to work, you may receive a call from an AFCU representative asking you about the purchase made with your AFCU Visa® Check Card (also known as a debit card), VISA® Classic, Visa® Secured Credit or Platinum Rewards MasterCard®. We'll ask you to take a moment to verify your debit card or credit card account activity. Note: AFCU will not ask you any debit or credit card number specifics or AFCU account specifics.

What You Can Do to Help

Because the Falcon system relies heavily on accurate contact information, it’s important for members to keep that information current. Please keep AFCU informed of your current address and phone numbers. If you move or change your phone, you can complete a change of address form to update your address or phone numbers or add any additional contact phone numbers.

Traveling Out of the Area?

If you are planning to travel and use your AFCU debit or credit card in an area where you don’t usually use your card, please take note of the following information. Contact AFCU that you are planning on traveling outside your area and provide us with the dates and locations that you plan on traveling to so that we can notify Falcon. It's best to have more than one method for spending and payments. Besides your AFCU debit or credit card, take an additional form of payment, such as travelers cheques. Our Card Services Department may not be able to contact you if you are in a foreign country for instance, and you want to make sure you have another method of payment if your card is temporarily blocked due to unusual activity. For more information, call 501.982.1000 or 800.456.3000 for more details.

Automatic Overdraft Protection

Your Arkansas Federal Visa Secure Credit Card also serves as automatic Overdraft Protection for your Fee-Free Checking Account. In the event that you write checks in excess of your checking balance, cash advances are transferred from your Visa Secure Credit Card Account directly into your Checking Account in $1.00 increments.

Interest Rates

Arkansas Federal's competitive Visa Secure Credit Card interest rates are set by the Board of Directors as prevailing market rates change. Rates are subject to the "FAIR" provision, or "Future Adjustable Interest Rates". Simply stated, as prevailing market rates fluctuate, your Visa Secure Credit Card Annual Percentage Rate will be adjusted-either decreased or increased-to compensate.

Loans are based on simple interest on the declining balance of your loan. In this way, there is no penalty for early loan pay-off. Interest is assessed only for the period you use the money.

Debt Cancellation – Prepare for the Unexpected

Many events in life come unexpectedly; with AFCU’s debt cancellation you can protect your family from the unexpected. By purchasing AFCU’s low-cost debt cancellation protection, you would have the peace of mind that your family would be covered in the event that you and/or your co-borrower were to become unemployed, disabled or if an unexpected death were to occur.

Debt cancellation works by cancelling some or all of your debt when a protected event does occur. This flexible protection plan will allow you and/or your co-borrower to choose from coverages that best fit your lifestyle.

Fees for debt cancellation protection are calculated and applied monthly to the decreasing balance of your loan. You only pay for what you need. Protect yourself against that unforeseen event.

What Debt Cancellation does for You:

Makes your loan payments
Protects your credit rating
Protects you if your spouse dies
Prevents late fees
Prevents repossessions of property

For additional information regarding AFCU’s debt cancellation contact a Call Center representative at 501-982-1000 or 800-456-3000 or by visiting one of our convenient branch locations.

Power Pay Debt Liquidation

Overextended with past credit card spending? The Power Pay Debt Liquidation Report shows how you can cut years off the repayment of high balance, high interest credit card debt-saving you hundreds, even thousands of dollars. The report serves as a "road map" to paying off debt faster by allocating funds used for your minimum monthly payments in smarter, more efficient ways. For more information, contact any Arkansas Federal loan officer or branch manager.