MasterCard Debit Card

Your Towpath Credit Union MasterCard Debit Card works like a check and gives you the convenience of a credit card.

• Use it anywhere MasterCard is accepted
• Doubles as your ATM card
• Faster than writing a check
• Safer than carrying cash
• Easy to keep track of your purchases
• All transactions are listed on your checking account statement

Credit vs. Debit - What's the Difference?

Credit - Your transaction will be processed through the MasterCard network and you will usually (except for pay-at-the-pump gasoline transactions) need to sign a receipt. You will not receive a bill for your transaction later, however. The funds will be deducted directly from your checking account.

Debit - Your transaction will be processed through the ATM network and you will be required to enter your Personal Identification Number (PIN). You will not have to sign a receipt. The funds will be deducted directly from your checking account.

Credit vs. Debit - What Should You Say?

Credit - Using your Towpath Credit Union MasterCard Debit Card as a credit transaction will save you money. As long as funds are available in your checking account, you will not incur any fees from this type of transaction.

Debit - Use your Towpath Credit Union MasterCard Debit Card as a debit transaction if you would like cash back at a merchant. Each time you use an ATM, it is a debit transaction. You may incur fees for this type of transaction. See your Debit Card disclosure statement for details.