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Members often ask if it makes a difference whether
they say "Debit" or "Credit" when they use their MasterMoney/STAR
Card to make purchases. The answer is: "Yes. There is a difference."
The answer "Debit" or "Credit" determines how the transaction
will be processed.
Here’s The Difference.
If you say "debit," the transaction is processed through the
STAR/ATM network, and you must use your Personal Identification Number (PIN).
If you say, "credit," the transaction is processed through the
MasterCard network.
It all depends on your preference. But, here’s a member-friendly tip:
If you choose "credit," it actually helps your Credit Union and other
members because MasterMoney transactions are more efficient for the Credit Union.
Sometimes, however, saying "credit" is not the better answer. At some
service stations that have a "cash" and a "credit" price,
choosing "credit" will tell the system to charge you the credit card
price – a usually higher price. In such a situation, choose "debit"
and enter your PIN.
It’s Still Your Money
However, no matter how you respond – "debit" or "credit"
– the purchase will deduct from your Share Draft/Checking Account. So don’t
worry, if you say "credit," the purchase will NOT get billed to a credit
card.
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