Visa® ATM/Debit Card

Visa® ATM/Debit Card

We believe in instant access.


Alabama Teachers' instant issue cards allows members to open a checking account or replace a lost/stolen/damaged card and receive their new card the same day…ready to use at the ATM, stores and businesses.

Benefits
  • No more waiting for your debit card and PIN to arrive by mail
  • Convenience of having immediate access to your funds
  • New replacement cards are available with no wait
  • Security of having your card and PIN in hand before leaving the branch
  • Choose your own PIN, or reset your PIN if required.
  • Use at the register, online or ATM
  • Linked directly to your checking account balance
  • Funds deducted automatically
  • No fee, finance charges or late fees
  • Quicker than writing a check
  • Easier to carry than cash
User Guidelines

A Quick Reference:

Using Your Alabama Teachers VISA® ATM/Debit Card for Debit or Credit Transactions


You can use your ATCU VISA® Debit Card for both debit and credit transactions. Below is an overview of how those transactions are processed:


Debit Transactions:

• Debit transactions are referred to as PIN (Personal Identification Number)-based. There are two types of PIN-based transactions: POS (Point of Sale) and ATM (Automated Teller Machine).

• When you swipe your VISA® Debit Card and select "Debit" on the keypad, you will be required to enter your PIN.

• The transaction is debited from a designated checking account immediately.

• The transaction is posted with the words POINT OF SALE, followed by the merchant's name and location.

• ATM withdrawals are limited to $500 per day.

• Daily transactions are limited to $2,000 per day.

Credit Transactions:

• Credit transactions are referred to as Signature-based.

• When you swipe your VISA® Debit Card and select "Credit" on the keypad, or tell a sales associate that you are making a credit charge, you will be required to sign your name to authorize the transaction.

• The transaction is not immediately debited from your designated checking account but will be held against the available balance.

• The transaction could take up to five business days to post.

• The transaction is posted with the words DEBIT CARD followed by the merchant's name and location.

• Purchases made over the phone or via the Internet are processed as credit transactions.

• Credit/Signature transactions are limited to $2,000 per day.


Even though your ATCU VISA® ATM/Debit Card is still held against your available balance when you use it to make credit transactions, there are a number of benefits in using it for signature-based transactions over POS-based transactions:

• When signing for purchases, there are security protections that help prevent, detect and resolve fraud.

• PIN transactions are handled by each merchant and may not provide the same security protection available for transactions processed by VISA®.