March 31, 2023

The Benefits & Rewards of an Interior Federal Membership

Are you looking for more than just an institution to help you manage your money? Interior Federal takes care of its members, provides low rates and fees, competitive services, and contributes to the well-being of our communities. Banks and credit unions offer many of the same types of financial services from the outside, but Interior Federal is quite different when it comes to how we deliver our services and benefit our customers. In this blog, we will explore the different rewards and benefits of becoming a credit union member.

The Interior Federal Difference

Membership discounts and rewards with Interior Federal offer more than just financial benefits.

Our members receive exclusive discounts and rewards from our partners, as well as access to digital banking services that make managing money easy. Plus, we have a convenient network of ATMs and shared branches nationwide for when you need cash fast!

While many credit unions offer great services, membership with Interior Federal also means you get to be part of a community. We strive to create meaningful relationships with our members so that we can help them reach their financial goals.

Our team is available to answer your questions and provide resources on everything from opening your first savings account to managing credit cards and loans.

We believe credit unions should be partners, not just financial institutions. We are committed to helping our members improve their financial lives and to being there for them every step of the way.

Free Checking Account and Digital Banking

Choosing a credit union checking account over a bank can be an excellent way to improve your financial health. Credit unions have several benefits that banks don’t, from lower fees and better interest rates to more personalized service. With a checking account at Interior Federal, members enjoy no monthly fees, no minimum balance requirement, and no per check charges. Checking accounts include overdraft protection and free digital banking with mobile statements, credit monitoring, bill pay, and money management tools. Members also earn dividends and enjoy many rewards with their debit card.

Interior Federal provides members with access to 95,000 totally-free ATMs worldwide and 5,400 Shared Branches to conduct in-person transactions.

And if you’re traveling, don’t fret because your first 5 transactions per month are fee-free if using an out of network ATM.

Interior Federal Rewards

Interior Federal offers several rewards programs for using both your debit card and/or an Interior Federal Visa® Platinum Rewards credit card. It works by pooling together all points earned to accumulate the maximum points. Use your points to reward yourself with cash back, gift cards, merchandise, travel, experiences, live concerts/sports events, green products, charitable donations, and much more!

Debit Card Rewards Programs

Nickel Back Rewards

Paying with your debit card instead of with cash can help you save money and time! Our Nickel Back Rewards offers 5¢ back each time you use your Interior Federal Visa Debit Card as a signature-based transaction. That’s free money just for using the card to make purchases. It’s also a great way to build up savings, and paying with your debit card is safe, convenient, and secure. Plus, you can track your expenses easily with digital banking.

There are no limits or caps on the amount you can earn and no points to accumulate. Your rewards are paid directly into your checking account each day and there’s no hassle involved. Just use your card as a signature-based transaction and get 5¢ back per transaction.

Purchase Rewards

The Purchase Rewards program allows you to earn cash back when you shop offers online and in-store with your Interior Federal debit card at our merchant partners. Buy your daily essentials such as food, clothing, and more.

To join, look for “Purchase Rewards” on your Online Banking home page and select “Join Now” to complete opt-in. For instructions on joining in Mobile Banking, read the Purchase Rewards blog All you have to do is log in to the Interior Federal mobile app, tap on Purchase Rewards, join and activate offers that interest you. It’s that easy!

Shop as directed in the offer details before the offer expiration date and your earned rewards will be deposited about a month later.

ShopSPOT Rewards

ShopSPOT rewards give our members extra points for shopping with their Interior Federal debit and credit cards. Find national, local, and online merchants, with new stores being added frequently. There is no activation necessary and offers are directly linked to your debit card so you can start earning points right away. Points can be used to redeem cash back, discounts on a tank of gas, gift cards, merchandise, and travel perks. You can even make a charitable donation with your points.

How to earn more ShopSPOT rewards: If you have both an Interior Federal debit card and an Interior Federal credit card, your ShopSPOT rewards are pooled together to accumulate even more points to redeem Cash Back, Fuel Discounts, Gift Cards, Merchandise, Travel, and more!

Credit Card Rewards Programs

Interior Federal members can apply for a Visa® Platinum Rewards credit card and enjoy no annual fee, no balance transfer fees, no cash advance fees and no foreign transaction fees when you travel abroad. Applying online is easy and the benefits are unbelievable!

Member Rewards

With the Interior Federal Member Rewards program, you earn points for your everyday credit purchases. It’s a simple, easy to use program that rewards you with points each time you use your Interior Federal Visa® Platinum credit card. (Use your debit card, too, to rack up even more rewards.) From fuel to groceries to meals out, your points will add up fast!

Platinum Rewards Cardholders will earn 1 point for every $1 spent. Access Your Rewards through Mobile Banking by clicking on Card Management then Visa Member Rewards link.

ShopSPOT Rewards

ShopSPOT rewards can also be earned with an Interior Federal credit card.

Travel With Our Visa Credit Card

With the Visa credit card, you are eligible for a variety of travel benefits. Take advantage of up to $250,000 Travel Accident Insurance Coverage, $5,000 Identity Theft Protection coverage through Norton LifeLock®, and our Auto Rental Collision Damage Waiver reimbursement.

With Roadside Dispatch on your side, you have 24-hour access to roadside assistance and around-the-clock customer service. Plus, you’ll have peace of mind when using your Visa Credit Card for travel expenses knowing that you are covered for a variety of unexpected events.

Earn Maximum Rewards by Carrying Both Cards in Your Digital Wallet

When you carry both your debit and credit card in one of the five digital wallets we offer, you can pool the rewards from both cards for even greater redemption power when you’re ready.

Save Even More with Member Discounts

Save money with member discounts. Here is a list of the discounts1 you have access to as a member of Interior Federal.

  • TruStage® Insurance Savings – Save up to $500/year on auto, home, term life, and/or accidental death and dismemberment insurance.
  • Working Advantage® Discounts – Exclusive discounts to theme parks, car rentals, airfare, concert tickets, and more!
  • HomeAdvantage® – Receive a rebate when purchasing your next home, or selling your current one, and using their services.
  • TrueCar® Car Buying Service – Use research and pricing tools to find the perfect car, when financing with Interior Federal. Up to $1800 off MSRP^ when using TrueCar.
  • TurboTax – Enjoy up to $15 in savings on your federal tax products.
  • Save $200+ with our lower fees.
  • $60 dividends on checking accounts

1This is not a comprehensive list and savings can change at any time.

Competitive Vehicle Loans

Get in the fast lane to the car, truck, or motorcycle of your dreams with our fast decisioning and low rates! You can apply 24 hours a day online or by phone.

  • Up to 100% financing plus tax and tags, extended warranties, GAP insurance and payment protection insurance
  • Repayment terms up to 96 months for new and used vehicles
  • Simple interest financing
  • No prepayment penalties
  • Quick application and decisioning

Mortgage Loan Services

Owning a home is part of the American dream, and Interior Federal can help make that dream come true for you. Whether this is your first time buying a home, or you’ve purchased before, we’ll do everything we can to make the process seamless. Apply for a mortgage loan online or over the phone. We offer a convenient and simple way to manage your mortgage loan completely online through digital banking.

Benefits of Applying through Interior Federal:

  • Easy online application. On average, applications take less than 10 minutes to complete!
  • Competitive rates and various terms available.
  • Pre-Approved applications are valid for 90 days.

As a member of the Credit Union, you have access to agents in your local area, and by using one of these vetted realtors during your home buy, sell, or both, you can receive a rebate off those realtor services.  Put that money toward your moving expenses with Home Advantage!

A Sense of Community

Interior Federal Offers Excellent Value

The Interior Federal offers its members a wealth of benefits and rewards to help them get more value for their money. For starters, every member gets access to low-interest rates on loans, generous credit limits, and excellent long-term savings options that offer high returns over time. Additionally, Interior Federal offers its members complimentary banking services, such as automatic bill payment and mobile banking apps. This ensures that your finances are taken care of without having to worry about additional fees or hidden charges.

With Interior Federal, you’ll get an unbeatable combination of financial education and community support which you won’t find with traditional banks.

Community Driven

Most credit unions tend to be community driven and at Interior Federal, we believe that forming a sense of community is of vital importance. We take pride in recognizing and listening to all our members to ensure equitable and reliable banking services you can count on. With no shareholders or external investors getting in the way of our decision-making process, we are free to pass on cost savings directly to our members.

We are committed to putting our members first and making decisions with their best interests in mind. We strive to make banking easier and more cost-effective for all members without sacrificing service quality or resources and we understand that each member has different needs, so we offer a variety of account options and rewards tailored to meet those needs.

Additionally, we prioritize supporting organizations, charities, and events in the community where we serve. We’re dedicated to making sure that everyone has access to financial services, regardless of their background or circumstances.

Above all, we are committed to building strong relationships with our members in order to ensure they have the best banking experience possible.

A Chance To Be Heard

Our members are the ones in control. We’re owned and operated by you, not by stockholders who are more concerned with their bottom line. Your credit union membership comes with the opportunity to vote on the board of directors who make all official decisions. These individuals are also members just like you, so their decisions will always be rooted in the best interests of our members and the community at large.

While we can’t control what other credit unions do, we are dedicated to doing what’s right for our members and no one else. That is how an Interior Federal membership can provide a voice with real impact. It helps us ensure that our credit union operates as efficiently as possible, with all potential rewards and benefits going back to its members. We are about giving you the power to make your own decisions. That’s what an Interior Federal membership is all about, providing choice and control for our members. With us, you have a say that matters!

Service Excellence

Members of Interior Federal can expect to receive attentive and personalized service. We are federally insured through the National Credit Union Administration and our representatives care about their members and work to ensure they reach their financial goals. Interior Federal has a long history of providing great customer service, and this is reflected in the high satisfaction ratings from members.

When joining Interior Federal, you can be sure that you’ll always receive friendly greetings and helpful guidance from our knowledgeable staff. You’re treated like family!

Do you have questions? We’re here to help.

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