Credit vs. Debit Transactions

Visa Debit Card reward points require signature-authorized transactions to earn points. PIN-based, point-of-sale, ATM transactions, cash withdrawals, and checks do not earn points.

Remember that some merchants do not have you sign for purchases under $50 or $25. In these instances, you still earn points even if you don’t physically sign. As long as you don’t enter a PIN, you earn points.

Credit Transactions

• Credit transactions are also referred to as signature-based transactions. 
• You swipe your Visa Debit Card and select credit on the keypad (and often hit “cancel”), or tell a sales associate it is a credit transaction. 
• You sign for your transaction and no PIN is required. 
• Your transaction is not withdrawn from your account immediately and will be held against your available balance. 
• Your transaction appears with the merchant name. 
• Purchases made over the phone and via the internet are processed as credit transactions.

Debit Transactions

• Debit transactions are also referred to as PIN-based. There are two types of PIN-based transactions: POS and ATM. 
• You swipe your Visa Debit Card and select debit on the keypad. 
• You enter your PIN on the keypad. 
• Your transaction is debited from a designated checking account immediately. 
• Your transaction is posted with the merchant address and appears as an ATM transaction.
• The ATM daily withdrawal limit is $750 (combined HVCU and non-HVCU ATMs) per card per day. Please refer to the Electronic Funds Transfer Disclosure & Agreement for further information.