Relationship Rewards
Make your credit union membership count – become a winner with Relationship Rewards!
LAFCU members are automatically enrolled in this loyalty rewards program, which recognizes your deep relationship with us. Rewards programs like ours highlight one of the advantages of credit unions versus banks. It’s also a feature that makes LAFCU one of the best credit unions you’ll find.
Earn up to Five Relationship Rewards Points
At the end of each month we will determine which of the five relationship points you qualify for based on your LAFCU accounts:
- Active Checking (when you make 5+ debit card transactions from your checking account in a month)
- Savings and Investments (when you have $10,000+ in savings and/or investment accounts)
- Vehicle Loan or Visa® Credit Card (in good standing)
- Home Loan (a mortgage, home equity, or energy loan in good standing)
- Loyalty (LAFCU member for 15+ consecutive years)
Members Win at Every Rewards Level
The loyalty rewards program levels are Bronze, Silver, & Gold. And just like sports awards, you’re a winner at each rewards level. Members at any level can apply for a Free Checking account and enjoy free access to 30,000+ local and nationwide ATMs.
Relationship Rewards allows you to maximize benefits based on your entire household, which includes all LAFCU members residing at your address. Your entire household can benefit, but if you would like to remove yourself from a household and create your own standalone household, just let us know. Your Relationship Rewards level is located on the bottom of the last page of your account statements and can be seen in your online banking account.
Bronze (0-1 point)
- Free Checking.*
- 0.25% discount on certain loans** with automatic / self-services payments set up at the time of loan funding.
- Earns the Bronze Share Certificate rate.
Silver (2 points)
- Free Checking.*
- 0.50% discount on certain loans** with automatic / self-services payments set up at the time of loan funding.
- $250 off mortgage closing costs.
- Silver-level discounts & waivers.***
- Earns the Silver Share Certificate rate.
Gold (3+ points)
- Free Checking.*
- 1% cash back on debit card purchases of up to $500 monthly for a maximum account credit of $5.
- 0.75% discount on certain loans** with automatic / self-services payments set up at the time of loan funding.
- $500 off mortgage closing costs.
- Gold-level discounts & waivers.***
-
Earns the Gold Share Certificate rate.
* You must be approved for a checking account. To apply, visit the home page of our website. Prior to applying for a checking account you must already have opened a regular Share Savings Account.
** Qualifying loans for discounts at time of funding are: Vehicles, RVs, Motorcycles, Watercraft, Boats, Computers, Personaline line of credit, and Personal Unsecured loans. Excluded from discounts are Student loans, Investor Mortgages, Home Loans, Visa® credit cards, and Energy Loans.
*** Discounts and/or waivers include: cashier's checks, CoinStar redemption in certain LAFCU branches, Medallion, notary, card replacements, check cashing, check printing, temporary checks, account history info, statement retrieval & copies, IRA annual fee, Overdraft Protection, withdrawals at non-CO-OP ATMs, and wire transfers.
