These days, you have a lot of choices when it comes to choosing payment methods and making financial transactions. As cash and checks become a little more “old school,” debit cards, credit cards, and autopay options are taking their place, offering more convenience and security in a progressively mobile world.
Not sure which options are best for you? It depends somewhat on your comfort level with technology and your financial savvy, but using a debit card as part of your everyday financial life can help you stay out of debt, save money, and much more! In fact, across our Chambers Bank network, debit cards have become a crowd favorite.
What Are the Benefits of Using a Chambers Bank Debit Card?
You can manage your spending more easily.
Your Chambers Bank debit card is linked directly to the cash available in your Chambers checking account, so when you spend with it, your cash balance is deducted from in real-time. This helps you stay accountable for your budget and resist the urge to spend—keeping you out of debt.
Credit cards, on the other hand, typically run on 30-day account cycles, so it’s easy to use them, forget how much you’ve purchased, and then get surprised the following month with a balance to pay, plus interest.
Another debit card bonus: If you want to review your account transactions, you can check your account balance and expenditures at any time through Online Banking or Mobile Banking.
No annual fees and no interest.
Since it doesn’t cost you anything to maintain a Chambers Bank debit card, you’ll never see annual cardholder fees or transaction fees associated with owning your card. The only charges to be mindful of are the small service fees you may incur if you use a Chambers Bank debit card to withdraw cash at a non-network ATM or retail location. You will also want to make sure your purchases don’t exceed your checking account balance; this avoids overdraft fees.
How about interest? Don’t worry … you’ll never get charged interest when you use your Chambers Bank debit card since your debit card is linked to your Chambers checking account and not to a credit account.
Your transactions are secure.
Besides a unique Personal Identification Number (PIN) that helps provide security during transactions, your Chambers Bank debit card comes with EMV (chip card) features. This means your card has an embedded, encrypted microchip that provides added protection from fraud and unauthorized use whenever you make transactions through a chip-enabled card reader.
Where can I use My Chambers Bank Debit Card?
You can use your debit card at any merchant locations where MasterCard® is accepted, and the card can typically be run as a credit card—which allows you to bypass entering your PIN.
If you need cash, simply find an ATM and use your Chambers Bank debit card to withdraw funds from your checking account. You just need to enter your PIN, specify the withdrawal amount, and accept any fees if you’re at a non-network ATM.
You can also pay for merchandise and services online with your debit card. Most websites will ask for your card’s 16-digit number, expiration date, and 3-digit security code in order to make or authorize a purchase, plus your full name and billing address. You can typically save your card information to the merchant or service site (for future purchasing) or just make a one-time purchase.
What additional features are available with the Chambers Bank Debit Card?
- The SecureLOCK™ Equip app. Install this app on your smartphone and add extra control to your Chambers debit card! You’ll be able to set transaction limits, turn debit card use on or off, view transactions, receive alerts, and more.
- Savings Cents Program. Enroll in Savings Cents and every time you use your Chambers Bank debit card, we’ll round up your purchase to the nearest dollar. It’s a great way to make everyday spending part of your savings plan just by using your debit card.
- Premium and Custom Card Designs. Give your debit card a unique look by choosing a Premium card design or creating a Custom Debit Card. You can get a Premium card for $5 and a Custom Debit Card for $5 to $10, depending on customization.
- 24/7 Service for Lost or Stolen Debit Cards. Stay safe by knowing who to contact if your debit card is lost or stolen. You can call 1-800-500-1044 anytime if your debit card is lost or stolen—or reach out to our Customer Care Center at 1-800-603-1226 during regular business hours.
Ready to Join the Crowd with a Chambers Bank Debit Card?
With so many great features and benefits, it’s easy to see why everyone loves Chambers Bank debit cards. They not only help you manage your money better, but they help you save money too.
Just stop by any branch location and ask us about our debit cards. If you have a Chambers personal or business checking account, we can print you a Standard debit card during your visit. If you’d like a Premium or Custom debit card, simply click on this link to build your design and order.