Connect Card® (Debit Card)
The Connect Card is the card of choice for our clients! With the Connect Card, you'll experience the benefits of an ATM card, a credit card, and a check - all in one card.
The Connect Card offers an enhanced, more powerful alternative to an ATM card. The MasterCard® logo appears on the face of the card giving you purchasing power not available with an ATM card.
Your Connect Card can be used wherever MasterCard® is accepted. By using your Connect Card, you are protected by MasterCard® rules and regulations on all signature purchases. And don't forget, the Connect Card also allows you to make cash withdrawals at an ATM. The Connect Card looks like a credit card but has no interest accrued on purchases.
Why? Because the money is automatically deducted from your checking account at the time of the purchase. No outstanding balances to carry forward each month and no interest charges accruing on a balance! The Connect Card will become YOUR card of choice. Contact a Peoples Bank representative to apply today!
Benefits
- Can be used wherever MasterCard® is accepted.
- No check to write, no check approval process with each purchase.
- Sharing a checkbook no longer necessary.
- No monthly payment or interest.
- Increased security - reduces the need to carry large sums of cash.
- Detailed monthly statement.
- MasterCard® SecureCode™ program.
Fees & Limits
- No annual fee;
- Checking account fees remain the same.
- No fee for ATM transactions at Peoples Bank machines. $1.00 per withdrawal at other locations, plus any surcharge imposed by the foreign institution.
- 24/7 withdrawal and purchase - limit $1000 from ATM and $2000 in purchases, per 24 hour period.
- The following fees and assessments* implemented by MasterCard® went into effect on July 10, 2006.
- The Cross-Border Assessment is an expense related to processing the foreign transaction so that it is properly routed back to the United States. The current calculation of this fee* is .8% (80 basis points) of the total transaction amount.
- The Currency Conversion Assessment is an expense related to the conversion of the transactions into US currency. This fee will only be applied if the transaction requires currency conversion; however if currency conversion is not required this fee will not be assessed. The current calculation of this fee* is .2% (20 basis points) of the total transaction amount.
Security & Fraud Protection
Due to the increased amount of fraud in foreign countries, Peoples Bank has blocked ATM/Debit activity in the following countries:
Romania, Ukraine, Nigeria, Bulgaria, Turkey, Belgium, Latvia, Philippines, Vietnam, Pakistan, Russia, Montenegro, Serbia, and Bahrain.
*Fee terms and conditions are subject to change at any time.
Connect Card® is a federally registered servicemark of Peoples Bancorp Inc.