FAQ

Is there a Service Charge for a KFS Tunes Checking account?

• There is never a monthly service charge for a KFS Tunes Checking account. It is always a free account.

What are the "Rewards" each monthly qualification cycle for KFS Tunes Checking?

• A $5 Credit for iTunes® or Amazon.com® downloads
• Nationwide ATM fee refunds up to $25

What do I have to do to get the rewards each qualification cycle?

• Receive and review eStatements
• Have at least 10 KFS MasterCard® debit card purchases post and clear to your account
• Access online banking

Is there a Signup Bonus?

• Yes, a Signup Bonus of $10 is awarded upon opening the account or switching from another checking account.

Do credits expire?

• Yes, credits earned each qualification cycle must be used in the next cycle. The Signup Bonus expires after 60 days.

How do I make my purchases?

• Use your KFS MasterCard® debit card to purchase your downloads online at the iTunes store or Amazon.com.

How often must the qualifications be met to qualify for the rewards?

• Each monthly qualification cycle

What happens if the qualifications for KFS Tunes Checking are not met?

• Your ATM Fees will not be refunded, and no credits are earned.
• However, your KFS Tunes Checking account will still function as a free checking account.

If I meet the qualifications, when will I receive my rewards?

• ATM fees will be refunded on the last day of each statement cycle.
• Credits earned in the qualification cycle will be reimbursed at the end of the following statement cycle for purchases made with your KFS MasterCard® debit card.
• Reimbursements are up to the dollar amount earned and not expired.

How will I know that I have qualified for my rewards at the end of the statement cycle?

• An e-mail will be sent letting you know if you qualified for the rewards.
• An e-mail will also be sent letting you know if you did not qualify for the rewards and why.

If I use my KFS MasterCard® debit card at an ATM, will that transaction count toward my qualifications?

• No, the required debit card transactions must be a purchase with a merchant (point of sale) to count toward the qualifications.

Is there a minimum balance requirement in order to receive my rewards?

• There is no minimum balance requirement in order to receive rewards.

What is the minimum opening deposit for a KFS Tunes Checking account?

• $10.00

What is the difference between my qualification cycle and statement cycle?

• The statement cycle for KFS Tunes Checking ends on the STATEMENTDATE of each month.
• The qualification cycle will always begin with the last day of the previous statement cycle, and end the business day prior to the next statement cycle date.

Is KFS Tunes Checking insured?

• Yes. KFS Tunes Checking account is insured by the FDIC.

What is the Overdraft Protection limit, if any, on this account?

• Up to $100 overdraft protection may be available, subject to qualifications.