Running Debit as Credit

Running Debit as Credit

Should I run my Debit Card as Credit?

When using your Connected Debit Card at a store, you are probably asked the question "Debit or Credit?" You may think that because you are using your Debit Card, you can only run it as debit. This is not the case. In fact, there are many benefits to choosing to run your debit card as credit. 

Is there added Protection & Security?

If you use your Connected Debit Card at a store and enter your PIN number, you may be more susceptible to fraud and may become liable for any fraudulent charges. May card processors offer zero-liability policies when running your debit card as credit. If your Connected Debit Card and/or PIN number becomes lost or stolen, report it immediately. Call the Main Office (207) 623-3857 or the Winslow Branch (207) 872-2636 during business hours or 1-800-472-3272 during non-business hours.

Will I be charged an interest rate?

Unlike traditional credit cards, running your debit card as credit does not add to your credit balance. Instead, the money comes out of your checking account like normal. However, instead of pulling the funds immediately, you will typically have to wait a few days.

Does this affect my credit score?

No running your debit card as credit does not impact your credit score. Since you are not actually borrowing any money, your credit score will not be affected. For tips on how to boost your credit score, check out our blog: What is a FICO® Credit Score & How is it Calculated?

Can I Earn Debit Card Rewards?

The biggest perk of running your Connected Debit Card as credit is earning rewards points for your qualifying purchases. With our uChoose Rewards program, you can earn points when you sign for your purchases instead of entering your PIN to earn points. Remember, Sign, don't PIN - It's a WIN/WIN! To learn more about our Debit Card Rewards program, read our blog: Earn Debit Card Rewards

Disclaimer: Any reference made in this blog to a specific product, process, or service does not constitute or imply an endorsement by Connected Credit Union of the product, process, or service, or its producer or provider.