Member Card | Buyer Protection & Extended Warranty
The Member Card Debit Card program is absolutely one of the best on the market!
- Home or Home based business purchases are protected!
- Higher coverage - up to $60,000 lifetime
- Gifts (without recipient limitations)
- Any Member Card Debit Card member is covered, not just Canadian residents
- World wide purchases, not just Canadian purchases
- if you have a PINned Member Card Debit Card, purchases made with a cheque drawn on the same account are also protected
Relax! You're protected every time you use your credit union debit card!
How does the program work?
It's simple. Every time you use the Member Card Debit Card for an Interac Direct Payment purchase, you're protected with the following benefits:
Buyer Protection
This coverage offers protection on the purchase of most retail items - and that includes gifts! For a full 90 days after the purchase, the item is protected if it's stolen, dropped and broken or even consumed in a fire.
For example, if you're wrapping that expensive crystal vase and it suddenly crashes to the floor, you're protected!
Valid claims will be satisfied either by replacing the lost or damaged item, or by a cash payment in an amount not to exceed the amount of the total purchase price.
Extended Warranty
The program doubles the warranty period of a purchased item up to one entire year, as long as the manufacturer's warranty is valid in Canada for five years or less. For example, when you purchase a DVD player, the manufacturer would typically offer a one year warranty. But if you use the Member Card Debit Card for the purchase, the DVD player would be protected under the terms of the original warranty for an additional one year period.
Chequing Accounts Too!
Shopping at a merchant who doesn't offer Interac Direct Payment? No problem! You can make a purchase using a cheque drawn on your insured account and receive the same protection for you purchase.
What is not covered?
Items not covered include: cash, travelers cheques, motorized vehicles, animals and living plants. Contact Lakeland Credit Union for more information.
Making a claim?
Just be sure to keep a copy of your transaction record, the merchant bill, and (for warranty claims) the manufacturer's warranty. You simply call 1 877 564 2847, ext. 6895 and a Claims Representative will assist you.
If you already have a Member Card Debit Card, you're covered.
If you don't have a Member Card Debit Card, call us today to find out what you're missing.
