Relationship Rewards
Relationship Rewards is a program that rewards you for doing business with us
The higher your balance with Tech CU (through your combined deposit, loan and investment accounts), the more benefits you receive. Relationship Rewards consists of three levels: Preferred, Preferred Plus and Premier. To make it easier to qualify for the highest possible level, you can link together all the account balances in your household.
The easiest way to increase your level is by linking together all the members in your household. For example, if two or more people in your home are Tech CU members, we'll combine your total balances, possibly pushing your entire household into a higher Relationship level. Use the Householding Details & Consent Form (PDF) to combine your accounts.
Householding Membership Accounts
You and any other Tech CU member living at the same physical address may "household" your account balances to attain a higher Relationship Rewards tier. Your account vesting remains the same, protecting your right to privacy. Householding your accounts does not provide other members in your household access to your private information including, but not limited to, your balance.
Example:
Sally, Joe, Sue and Tom all live at the same physical address.
- Sally has Savings, Checking and Car Loan Accounts vested in her name only: Total Balance: $15,000
- Joe has an Investment account, a Certificate and a Visa Credit Card vested in his name only: Total Balance: $50,000
- Sue has Savings and Checking accounts vested in her name only: Total Balance: $1,500
- Tom has a Home Equity Line of Credit vested in his name only: Total Balance: $20,000
The total balance for the household is $86,500 - placing all four individuals at the Preferred Plus level. To authorize the Householding of your accounts, please print, complete and fax this form to (408) 441-4720 , or mail it to the address at the top of the form: Householding Details & Consent Form (PDF)
Check out our Relationship Rewards chart for more details.
During the last week of every statement period, we obtain the outstanding balances on your Tech CU fixed-term loans (real estate, vehicle, etc.), your Tech CU VISA® Credit Card and the balance in your Tech Investment Management brokerage account(s).* On the last day of each statement period, we obtain the average daily balances in your Tech CU Membership Share, Share Draft (Checking), Share Certificate, Insured Investment, Money Market Plus and IRA accounts, and the balance(s) outstanding on your other Tech CU lines of credit. We add all of those balances together to determine your Relationship Rewards balance level for that statement period.
If your balance increases to an amount that elevates you to a higher rewards level, you will enjoy all the benefits of that level beginning with the next statement period. If your balances drop to an amount that places you in a lower level, your level will not change until the end of the next month. Each month, your Relationship Rewards level will be displayed on your account statement and on your Online Banking account summary page.
New members receive all the benefits listed under the Preferred level for the first three months after a membership is opened. Beginning the fourth month, all of your Tech CU accounts will be added together. This aggregate sum will then determine your appropriate Rewards level.
Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker/dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. Technology Credit Union (Tech CU) and Tech Investment Management are not registered as a broker/dealer or investment advisor. Registered representatives of LPL offer products and services using Tech Investment Management, and may also be employees of Tech CU. These products and services are being offered through LPL or its affiliates, which are separate entities from and not affiliates of Tech CU or Tech Investment Management. The Tech Investment Management site is designed for U.S. residents only. The services offered within this site are offered exclusively through our U.S. registered representatives. LPL Financial Registered Representatives associated with this site may only discuss and/or transact securities business with residents of the following states: AZ, CA, CT, DE, FL, MD, MA, MI, NH, NJ, NY, NC, OH, PA, SC, TX, VA and WI.
Securities and insurance offered through LPL or its affiliates are:
Not Insured by NCUA or Any Other Government Agency
Not Credit Union Guaranteed
Not Credit Union Deposits or Obligations
May Lose Value
Your Credit Union (“Financial Institution”) provides referrals to financial professionals of LPL Financial LLC (“LPL”) pursuant to an agreement that allows LPL to pay the Financial Institution for these referrals. This creates an incentive for the Financial Institution to make these referrals, resulting in a conflict of interest. The Financial Institution is not a current client of LPL for brokerage or advisory services.
Please visit https://www.lpl.com/disclosures/is-lpl-relationship-disclosure.html for more detailed information.
Check the background of our Financial Advisor on FINRA's BrokerCheck site.
