At Credit Union 1 we don’t just encourage healthy spending and saving, we reward you for it. With our One for All Rewards Program you earn points for your spending, savings, certificates and loan services so you have an extra incentive for wise financial decisions. As points are earned, they can be redeemed for a variety of valuable rewards such as a loan interest rate discount, certificate premiums, charitable donations, cash rebates and more. Our Rewards program is simple and straightforward, and you are already enrolled as soon as you become a member at CU1. It’s our way of saying thank you for being part of the CU1 family.
Credit Union 1 is proud to be able to say our One For All Rewards program has received national recognition, winning first place honors from the Louise Herring Philosophy in Action Program. This award was presented by the Credit Union National Association (CUNA), who recognized the One for All Rewards program for rewarding our members’ responsible spending and saving habits.
Every member of Credit Union 1 is automatically enrolled in our FREE One for All Rewards Program. This program allows our members to earn points on their loan and certificate balances and also for using Credit Union 1 products and services.
7/1/2017 and subject to change.
Earn Points Monthly
|Certificate of Deposit and Loans1
For certificate and loan balances (including credit cards and real estate)
|1 point per $100|
For signature-based (non-PIN) purchases. Simply swipe and sign to earn points
|1 point per $5|
Earn Bonus Points
For each new loan opened with a minimum starting balance of $2,500
|Set-up Automatic Payment for New Loan Account3||500 points|
For your first certificate account
|One for All Mail4
For signing up to receive CU1 email news
For signing up to receive email notifications when your CU1 statement is ready online
Redeem Points for Credit Union 1 Products and Services
|New or Used Auto Loan Interest Rate Discount7
.25% Interest Rate Discount
Receive a higher dividend on your certificates:
|.10% on a Regular Certificate $500-$99,999||10,000 points|
|.10% on a Jumbo Certificate $100,000+||20,000 points|
Redeem Points for Credit Union 1 Fee Reversals
|Use points to refund a CU1 fee9||200 points per $1|
Redeem Points for Cash Rebates
$10 Cash Rebate10
$15 Cash Rebate10
$25 Cash Rebate10
$50 Cash Rebate10
|$100 Cash Rebate10||20,000 points|
|$300 Cash Rebate10||60,000 points|
|$500 Cash Rebate10||100,000 points|
How do I earn points?
The main way to earn points is through the accounts, loans and services you use at CU1. The more business you do with us, the more points you’ll earn! Our Rewards Chart outlines exactly how you can earn points and what you can redeem them for.
Do my points expire?
No. As long as you are a member in good standing with Credit Union 1, you will be able to use your points, regardless of when they were earned. We encourage members to save their points to get bigger rewards!
What are Mastercard® debit card "signature-based" transactions?
Basically, a "signature-based" transaction happens whenever you make a purchase with your Credit Union 1 Mastercard debit card and complete the transaction by signing instead of inputting your PIN. When you do so, you’ll earn 1 point for every $5 spent! To be sure you're making a signature-based transaction in a store, when they ask you the "debit or credit?" question, say "credit."
What is the best way to manage my One for All Rewards points?
Via Online Access! By logging into your CU1 account online, you can watch your points accumulate, request rewards and more. Alternatively, you can always manage your points by phone or at your local branch.
How do I sign up for the Rewards program?
You don't! All Credit Union 1 members are automatically enrolled.
Do I have to pay any fees to join or participate in the Rewards program?
Nope, it's 100% free.
How do I redeem points?
If I sign up for automatic loan payments sometime after closing my new loan, can I still get the 500 bonus points added to my rewards account balance?
No, not at this time. In order to get the automatic loan payment bonus points, you must sign up for automatic payment at the time you close your new loan.
How do I earn rewards points with my Credit Union 1 Mastercard® credit card?
For every $100 of balance on your Credit Union 1 Mastercard, you earn 1 point each month. It's your card's outstanding balance (how much you owe) that earns you points, so if during the month you carry an average balance of $2,000 on your card, you'll earn 20 points.
When will I get my rewards?
Cash rebates, discounts to existing loans or premiums on existing certificates typically take about two business days to be reflected on your account.
Can members be suspended from the One for All Rewards program? If so, why?
Yes. Suspensions would generally happen because an account is not in good standing with the credit union (i.e. it may be overdrawn or delinquent). It's also possible that legal action might have been taken against the account. If you think your Rewards have been suspended incorrectly, please call us or visit your local branch.
What do I do if I believe a mistake has been made in my points history?
Please call the credit union or visit your local branch so we can review your account.
What happens to my points if I close my accounts?
You will lose your points, because the One for All Rewards program is only for Credit Union 1 members. Once you close all of your CU1 accounts, your points are forfeited.