Wed, Jan 31, 2018
Montgomery County Employees Federal Credit Union (MC EFCU) of Germantown, Md., has launched a new VISA® Signature credit card product.
MC EFCU, which primarily serves Montgomery County government employees, along with members from a variety of other local businesses, is delving into the cash-back rewards market for its members with the ONE Card – a new VISA® Signature credit card product.
The new credit card will provide cardholders with several sign-up bonuses and a cash-back rewards structure based on purchases. By offering 3% cash back on gasoline purchases, 2% cash back on grocery purchases and 1.5% cash back on everyday purchases, MC EFCU is looking to compete head-to-head with cards offered by competing financial institutions in the market.
“The addition of the ONE Card to our product lineup is a fantastic addition for our members and a key piece that MC EFCU had been missing with our credit card offerings,” said Jim Norris, CEO of MC EFCU. “We’ve found there is a healthy appetite for cash-back rewards programs with our members and in the market, and the VISA® Signature card fits that need perfectly.”
The new ONE credit card will be available to all MC EFCU members, including current VISA® cardholders, starting in early December. In addition to the new ONE Card, MC EFCU offers three additional VISA® credit card products to fit its members’ financial needs. For more information about MC EFCU, visit www.mcefcu.org. For more information about the ONE Card, visit wemakebankingsimple.com/theone.
About MC EFCU (www.mcefcu.org)
Montgomery County Employees Federal Credit Union is a leader in providing outstanding financial products and service to their members of all financial backgrounds. Founded in 1968 to serve the financial needs of Montgomery County Maryland Government Employees, MC EFCU is now a credit union with over $130 million in assets and serves more than 14,000 members.