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Home > Why Frankenmuth CU? > VIP Rewards at Frankenmuth Credit Union

VIP Rewards at Frankenmuth Credit Union

We paid out over $583,000 in VIP loan interest rebates and VIP certificate dividend bonuses to our members last year!

V.I.P. Rewards

We value you our members and the services you use with us. Because of this we have introduced our improved V.I.P. (Value In Participation) Rewards program. Our V.I.P. Reward program reviews the amount of products and services that members use with us and assigns points for that usage. The more services you use with Frankenmuth Credit Union the higher your level and the more of a reward to you. 

The following are some of the benefits rewarded:

Basic:

  • Unlimited Free ATM Transactions at FCU ATM's
  • Eligible to Enroll in Benefits Plus for $6.95 a month

Silver (100-199 points):

  • Unlimited Free ATM Transactions at FCU ATM's
  • Eligible to Enroll in Benefits Plus for $4.95 a month
  • Free Online Bill Payment
  • No Minimum Balance in Classic Checking<

Gold (200-299 points):

  • Unlimited Free ATM Transactions at FCU ATM's
  • Eligible to Enroll in Benefits Plus for $3.95 a month
  • Free Online Bill Payment
  • No Minimum Balance in Classic Checking
  • .25% monthly Consumer Installment Loan or CD Benefit

Platinum (300+ points):

  • Unlimited Free ATM Transactions at FCU ATM's
  • Free Online Bill Payment
  • No Minimum Balance in Classic Checking
  • .25% monthly Consumer Installment Loan or CD Benefit
  • Unlimited PC or Phone Banking
  • Eligible to Enroll in Benefits Plus for Free
  • $5 off Annual Safe Deposit/Lock Box Rental Fee

Plus, now all members can earn VIP Lifetime Points. Lifetime points are your VIP Reward points that accumulate from month to month. These points can be redeemed over time for merchandise, better rates, fee waivers and other service offerings. Following is a current Lifetime points catalog of rewards our members can receive when they redeem their Lifetime points.

VIP Lifetime Service Rewards
Effective Date: Monday, May 28th, 2018
DescriptionPoints Needed
Waive a $1 per Hundred Travelers Check Fee 250
Incoming & Outgoing Fax - 1 page 250
Waive 1 Sheet of Temporary Checks Fee 250
Waive 1 A2A Fee 250
Refund 1 ID Protect Fee 500
Waive 1 Statement Copy Fee 500
Waive 1 Copy of Personal Check Fee 925
Waive 1 MAP card load fee 700
Coming Soon- Zipper Canvas Insulated Bag 925
Refund 1 Months Bill Pay Fee 1,200
Refund 1 Classic Checking Minimum Balance Fee 1,200
Refund 1 Consolidated Balance Fee 1,200
Waive 1 ATM, Debit or Credit Card Replacement Fee 1,200
1 Gift Card or Reloadable Card Fee Waived (excludes personalized cards) 1,200
Refund 1 Returned Check Fee 1,900
1 Free Box of Personal FCU Branded Checks to Mbrs 60+ 2,000
1 Travelers Check Card Fee Waived 2,300
Waive 1 Personalized Reloadable Card Fee 3,500
1 Free Box of FCU Branded Person Size Checks 4,200
Refund 1 Personal Loan Late Fee 6,900
Refund 1 Credit Card Overlimit Fee 6,900
Refund 1 Credit Card Delinquent Fee 6,900
Refund 1 Checking Overdraft Fee 8,000
Refund 1 Bounce Protection Fee 8,000
Refund 1 NSF Fee 8,000
Waive 1 Stop Payment Fee 8,000
Waive 1 Skip A Pay Fee 8,000
Waive 1 Regular Consumer Loan Application Fee 11,400
Waive 1 Mortgage Loan Extension Fee 11,400
Take $100 off a Fixed Home Equity Application Fee 23,000
Take $100 off Fixed Mortgage Closing Costs 23,000
Waive 1 Debit Consolidation Loan Fee 46,000
Waive 1 "Lenders Option" Fee 138,000
Waive 1 Driving Sense Acquistion Fee 181,800

VIP Lifetime FCU Merchandise Rewards    
Description Pts. Needed Picture (not to scale)
Insulated Canvas Zipper Bag 925 zipper bag
Retractable Ear Bud Headphones 1,100  headphones
18 oz. Clear Acrylic Tumbler  1,300  tumbler
Clip Tote Pouch 1,600   clip tote pouch
Insulated FCU Travel Mug 2,200  insulated travel mug
     
 42" Telescopic Folding Umbrella 2,400   umbrella
Acrylic Black Sparkly Tumbler 18 Oz. 3,000  sparkly tumbler
Stainless Steel Vacuum Sealed Tumbler 3,500 ss tumbler
FCU Notebook Folder & Organizer 4,600  organizer
FCU Cooler 10,300   cooler
FCU Folding Lawn Chair 14,000 folding chair

 

(Please note that items listed above can change at any time, so check this list to see the most current information.)
 
The following shows the number of points given for various FCU services:

VIP Points Rewarded for Services with FCU
Points NeededName
5 Pts. Valid e-mail Address
10 Pts. Debit Card that is active
10 Pts. Bill Payment - enrolled
10 Pts. e-Statements - enrolled
10 Pts. Online Banking - active
10 Pts. Phone Banking - active
10 Pts. Account set up with E-Notices
15 Pts. Opt-in for Overdraft Protection
20 Pts. Consumer Loans (excluding Mortgage or Equity)
20 Pts. Credit Card - each account
20 Pts. Certificate of Deposit (max 20 Pts.)
20 Pts. Escrow & Club Accounts - each
20 Pts. IRA Savings or IRA CD's (max 20 Pts)
50 Pts Direct Deposit/Payroll Deduction ($100 a month min.)
50 Pts. Mortgage Loans (5 yr balloon-15yr or 30yr ammortization ~or~ 10 yr balloon-30 yr. ammortization)
50 Pts. Closed End Home Equity
50 Pts. Consumer Checking with FCU
100 Pts. Aggregate Savings of $5,000 - $9,999
100 Pts. Aggregate Loans of $5,000 - $9,999
200 Pts. Aggregate Savings of $10,000-$24,999
200 Pts. Aggregate Loans of $10,000 - $24,999
300 Pts. Aggregate Savings of $25,000 & Up
300 Pts. Aggregate Loans of $25,000 & Up
Business accounts do not qualify for VIP status. Any negative savings balances, wrong address, or delinquent loans will result in a deduction of points.

Contact us via email to learn more about how we appreciate our members and reward them, through VIP Rewards, for the services they use with FCU and the balances they keep.
* Rate matches do not qualify.

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