By Robert Juliano, Vice President of Community Development at Beneficial Bank
Managing your finances can be especially tough in this economy. One of the best financial decisions you can make right now is to go back to using cash and debit and move away from credit cards. Although it may seem challenging, you actually benefit from using debit cards. Using debit cards helps you to create a budget and stick to it. Knowing you have a monthly limit will help you avoid unnecessary purchases you truly cannot afford. Looking for motivation to make the switch from a credit card to a debit card? Many debit cards now offer point programs so you can earn rewards just for using it for everyday purchases.
Here at Beneficial Bank, we have made it our mission to help educate you about the best financial practices so you can be smarter about your money.
If you already have a Beneficial Bank VISA CheckCard, you can earn rewards with BankThanks! Here’s how it works:
• Use your Beneficial CheckCard for your everyday purchases, just as you normally would.
• When using your checkcard, sign your name instead of using your PIN and you’ll earn a point for every $2 that you spend.
• Points are redeemable for everything from travel expenses to merchandize to gift cards and money. Find the complete list of rewards at https://www.bankthanks.com/index.asp.
More information about Beneficial’s BankThanks rewards program can be found by visiting www.thebeneficial.com/bankthanks.
For those of you who currently do not have a checking account, open up a FREE one with Beneficial Bank today. There are no monthly fees and you immediately receive a free checkcard.
It’s time you took control of your money. At Beneficial Bank, we are committed to helping you along the way. Visit one of our 65+ local offices or visit our website at www.thebeneficial.com to find out what’s right for you.
