LSB Paid $174,448 CASH BACK for 2011!
Happy New Year! The New Year brings many things to Lincoln Savings Bank (LSB) customers: New Year’s resolutions, cold weather, caucuses and CASH BACK rewards! Paying back over $174,448, LSB had our best year ever for CASH BACK rewards! LSB customers will see their CASH BACK rewards for the year 2011 deposited to their LSB checking accounts on January 3, 2012. So, if you are an LSB customer and active debit card user (selecting the CREDIT option for your purchases), look for your CASH BACK reward on your next bank statement (or check your online banking account).
Why does LSB pay CASH BACK? LSB encourages electronic forms of banking, like using a debit card rather than writing checks for purchases. Since we, like all other banks and credit unions, earn “interchange fees” from the various card networks when our customers use debit cards to make purchases, LSB shares back a portion of that fee to our valued customers. So, LSB customers who use their debit cards as CREDIT transactions for their purchases, earn up to 1%* CASH BACK! The CASH BACK reward is deposited into our customer’s checking account after the end of the year.
Are you CASHING IN? If you aren’t earning CASH BACK, it’s easy to get started! Just open an LSB Checking Account, and start using your LSB debit card to make every day purchases like gas and groceries. You can open an LSB account online in just minutes, or visit your local LSB branch. If you already have an LSB account and want to make sure you maximize your 2012 reward, visit www.mylsb.com/CashBack for tips on how to earn CASH BACK from LSB.
Your friends at LSB wish you a prosperous 2012!
Member FDIC
*Cash back: Your account will be credited back a portion of your purchases each year (Jan. 1 to Dec. 31). Only signature-based Visa authorized purchases will qualify for credit. ATM transactions and purchases made with a PIN do not qualify.
- The first $4,999.99 will earn 0.25%
- $5000 - $9,999.99 will earn 0.50%
- $10,000 and over will earn 1.00%
Labels: bank, CASH BACK, checking rewards, Debit Card Rewards, Iowa, Lincoln Savings Bank, LSB
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