Celebrate Credit Card Reduction Day on March 21st

Credit Card Reduction Day was created to motivate those with outstanding credit card debts to strive to get rid of their interest payments quickly. While debit card transactions immediately show a change of balance in your account, credit cards and their “unlimited spending limits” can sometimes allow an individual to lose track of spending which can result in spending beyond their means, and spiraling in interest payments.

On Credit Card Reduction Day, make a plan to create a budget, pay down debt, and reduce credit card use.

By using a debit card, you’ll experience:

• better control of your funds by only being able to spend what’s available in your account. This helps you avoid annual fees and interest payments from accruing like they could with a credit card.
  
• 24/7 fraud protection through our partnership with Visa®.
  
• easy access to your cash anytime you need it, and your balance updates within one business day
  
• companion tools like the Smart Card App and Mobile Wallet
  
  • Smart Card App – download from the Apple App Store or Google Play to set spending, merchant and geography limits on any cards linked to your account, make updates for travel, and access several other features to personalize your debit experience
    
  • Mobile Wallet – link your CGB debit card to your mobile device or smartwatch to make secure and convenient in-store, online or in-app purchases right from your phone.
    
• ability to set alerts and reminders for when bills are due, get notified when balances peak or drop to a certain point, and other options to help you stick to your budget right from the “Banking Services” menu when logged in to our online or mobile banking platform.
  
• local businesses save on interchange fees when you shop with a debit card instead of a credit card at their place of business.