How to Earn More Credit Card Points and More Rewards

Emily Buxengard, Credit Card Assistant

Emily Buxengard, Credit Card Assistant

You could be earning 2x, 3x, 4x or more points on purchases when you use your Visa ScoreCard Credit Card. Did you know that you can earn bonus points by making purchases with your card at participating retailers? “If you have a Merchants Bank Visa ScoreCard Credit Card you are automatically enrolled in our ScoreMore program,” says Emily Buxengard, Credit Card Assistant. “It’s so easy to earn bonus points and there are thousands of retailers participating in ScoreMore.”

Here’s how to find out which retailers are participating and how to activate bonus points:

  1.  Go to www.scorecardrewards.com and sign in to your ScoreCard Rewards account. Or, when viewing your Credit Card account online through www.mycardstatement.com, click on the Rewards Points link at the bottom of your home screen.
  2. Click on the ScoreMore icon on the bottom left of your screen.
  3. Find a retailer by:
    • Using the Search function on the right side of the screen.
    • Clicking View all Retailers and then using the alphabetical retailer index above to browse.
  4. To activate bonus points:
    • For online purchases: Click on See Details under the retailer’s bonus points offer and then on Click here to activate. You will be taken to the retailer’s website where you can browse for products. When you complete your purchase using your Visa ScoreCard Credit Card, bonus points will automatically be added to your account.
    • For in-store purchases: Click on the blue Activate button on the right side of the screen. The button will turn green and show bonus points are active and display an expiration date for the offer. When you complete your purchase in-store using your Visa Scorecard Credit Card bonus points will automatically be added to your account.

To redeem your points for everything from movie tickets to a Caribbean cruise, shop our selection of items at http://www.scorecardrewards.com. For help activating ScoreMore bonus points, contact our Credit Card Department directly at (507) 457-1160. After bank hours, weekends, or holidays, please call 1-800-854-0790. Click here for more information on all of Merchants Bank’s Visa Credit Cards and how to apply today. All credit cards are subject to credit approval.

* Qualifying ScoreMore Transaction shall mean: 1) a purchase transaction made with Your Account; 2) a transaction that takes place at eligible, participating Retailer locations (“In-store Purchases”) or through eligible links to participating Retailer websites accessed via the ScoreMore link on http://www.scorecardrewards.com (“Online Purchases”); 3) a transaction that meets Retailer qualifications as disclosed in the Retailer Offer (“Retailer Offer(s)”) on the ScoreMore web pages. PIN purchases do not qualify for ScoreMore Point earnings. Only signature transactions qualify for ScoreMore Point earnings when made with Your participating Account.

*ScoreMore Points for qualifying In-store Purchases are typically awarded within seven (7) days of transaction posting; Points for Online Purchases are typically awarded within thirty (30) days of transaction posting. Awarding of Points for some Retailer Offers may require additional processing time. Points for Travel Retailer Offers are awarded when travel is completed.

Prevent Fraud on Your Merchants Bank Cards

fraud word abstractPreventing fraud on your bank accounts can feel like a daunting process, but at Merchants Bank, we make it easy. By collaborating with us, you’ll have 24/7 fraud detection monitoring on your debit and credit card accounts and gain access to education on latest fraud alerts and trends. The fight to prevent fraud involves not only our expertise and diligence, but a constant open line of communication with each of our customers.

How does fraud detection at Merchants Bank work?

  • We work with our trusted partners, FraudWatch at Elan Financial Services and VISA Falcon Fraud Prevention Services, to monitor fraud trends and detect fraudulent transactions on your debit or credit card accounts 24/7.
  • We will call you in the event of a suspicious transaction. You may receive a call from our partners, Elan or Falcon, who will make you aware that the call is being placed on behalf of Merchants Bank.
  • When our partners call you they will ask you for some identifying information – such as the last four digits of your Social Security Number. They will never ask you for your full number. If you are uncomfortable and don’t want to speak with our partners, please call your local Merchants Bank office and verify the transaction or let us know that you did not make the purchase in question.

What can you do to prevent fraud? Keep in touch!

  • Ensure the Bank has your most up-to-date contact information. Call your local branch if you need to make any changes.
  • Contact us before you go on vacation and don’t be shy about sharing the details, for example: dates, exact locations and how we can contact you while you’re gone. If you make purchases in a state or country where you don’t normally use your card, we may think these transactions are fraudulent unless we know otherwise.
  • If you forget to contact us before you left on vacation, call a Customer Service Representative at your local branch during your trip to provide the information listed above.
  • Contact us if you’ll be making a large purchase that would be uncharacteristic when compared to your purchase history.

Click here for more security information from Merchants Bank make sure to review the Alerts section of our website.

Seven Ways to Save at the Supermarket

7-14 SupermarketFood shopping is an essential part of living for every family. But over the years, prices on fare have increased steadily, causing households to spend more and more on their weekly groceries. And, according to the Bureau of Labor Statistics’ Consumer Expenditure Survey, the average American family shells out nearly $540 a month on food, with an average of approximately $312 for groceries.

But unlike your mortgage or gas bill, what you spend on food is flexible. Start with these tips to reduce your supermarket spending today:

1. Scour store sales and stock up. While many people think it’s the coupons that save families in groceries, it’s more so store sales — and combining a store sale and a coupon is one of the best money saving things you can do. Also, when something nonperishable that you use is on sale, it’s a good idea to stock up. It may seem counterintuitive at the time to spend more money (since you’re buying more), but in the end, you can save hundreds. Meats are also good to buy in bulk when they’re on sale, as they will freeze well.

2 …But don’t be fooled by said sales. Many times, a store will list a product for something along the lines of “buy five for $10” when, if you do the math, you may only be saving a couple cents. Also, keep in mind that when sales like these are listed, many times, you don’t need to buy five products, or whatever amount listed to get the sale price. So, for example, if a sale is for “two for $5,” buying one will cost you $2.50. Retailers are just listing that price in hopes that you’ll buy more. Don’t fall for it!

3. Clip coupons. Search your Sunday newspaper or visit websites such as Coupons.com, SmartSource.com and Redplum.com where many manufacturer coupons can be found and printed for free. There are also sites such as CouponMom.com, LivingRichWithCoupons.com and TheGroceryGame.com that offer up-to-date sales-tracking services for most states and grocery chains. In addition, it’s a good idea to shop at the stores that double your coupons (usually under 99 cents).

4. Don’t shop on an empty stomach. Even if you know you’re on a budget, a study published in the Journal of Consumer Research found that you’re likely to spend more money if you don’t eat beforehand. So, before you hit the market, have a meal or take a snack with you if you’re on the go.

5. Use cash. “It’s psychologically more difficult to fork over cash than a credit card,” says Jeanette Pavini, Coupons.com’s household savings expert. It’s said that using cash when grocery shopping will cut your spending by about 25 percent. Before going grocery shopping, stop at an ATM so that you’re fully stocked up on cash. You could also start a “grocery jar” and drop a few bucks into it each day or week, and use it solely for food shopping.

6. Keep your focus. Does a product ever catch your eye so much that you evidently stop and examine it, mulling over whether you should purchase it? It turns out that the more you interact with a product, the more likely you are to buy it.

“Virtually all unplanned purchases…come as a result of the shopper seeing, touching, smelling, or tasting something that promises pleasure, if not total fulfillment,” says Paco Underhill in the book Why We Buy. Another way to avoid impulse buys? Ride your bike or walk to the store.

“It’s amazing how focused you can be when you are limited to one shopping bag full of groceries,” says Ross Williams, writer at simplemindedinvestor.com. “Once you are very conscious of each purchase, it seems to carry over even to the small items where space isn’t really an issue.”

7. Check over your receipt. Just because a product is on sale doesn’t mean the register will automatically ring it up correctly. Always watch your products being scanned and if something trips you up, don’t be afraid to ask politely if that price is correct.

Includes copyrighted material of IMakeNews, Inc. and its suppliers.

Deb Kemp Promoted

Deb Kemp

Deb Kemp

Deb Kemp has been promoted to Assistant Vice President/Credit Card Manager at Merchants Bank, according to Sue Hovell, Senior Vice President/ Director of Sales and Marketing.

Kemp oversees Merchants Bank’s successful credit card and merchant processing area, which has grown substantially under her leadership, including about 10 percent per year over the past four years. Most recently, Kemp’s area doubled the amount of balance transfers acquired during its most recent balance transfer campaign. Additionally, the merchant processing part of her department, which helps businesses process credit card transactions, has grown significantly.

“The work Deb and her department have accomplished over the past few years has been significant in helping Merchants grow across all of our locations,” Hovell said. “She works with many employees across our organization, and I join them in congratulating her.”

Kemp has been with Merchants since 1992 and has been a part of the credit card department since 2001.

Merchants Bank Looks to “Swipe Out Hunger” for Area Food Shelves

SwipeOutHungerAppBannerMerchants Bank will be donating 5 cents each time a Merchants Bank credit card or debit card is used between November 29 and December 15, up to a total of $10,000, for area food shelves during “Swipe Out Hunger,” the Bank’s second annual Facebook Giveaway.

The “Swipe Out Hunger” giveaway will work like this:

  • Supporters of area food shelves will be able to vote once per day between November 29 and December 15 for their chosen organization
  • At the end of the giveaway, nominated food shelves will receive a percentage of total amount of money raised based on the percentage of votes that organization receives on Merchants Bank’s Facebook page, www.facebook.com/MerchantsBank

The Food Shelves were nominated by bank locations (Bank locations making the nomination are noted in parentheses), and there were a number of locations that nominated the same organization. Participating this year are: SEMCAC Houston County Food Shelf (Caledonia and Spring Grove), Friends in Need Food Shelf (Cottage Grove), La Crescent Food Shelf (La Crescent), The Hunger Task Force (Onalaska), Channel One Rochester (Rochester), Southeast Minnesota Education & Resource Center (St. Charles), Winona Volunteer Services (Winona), 360 Communities (Lakeville), Eagan & Lakeville Resource Center (Apple Valley and Rosemount), Hastings Family Services (Hastings), the Cannon Falls Food Shelf (Cannon Falls), SEMCAC in Preston (Lanesboro), SEMCAC in Rushford (Rushford), the Randolph Food Shelf (Hampton) and the Red Wing Area Food Shelf (Red Wing).

Holiday Shopping has Never Been Better

ScoreCardHolidayThe best part about the holiday season is seeing the joy on the faces of your loved ones when they open the gift that you bought for them.  Do you know how you can make this even better?  Use your Merchants Bank Visa ScoreCard to make your holiday purchases and get a gift for yourself.

Did you know that you can use points you receive by using your Merchants Bank Visa ScoreCard and redeem them for merchandise, travel rewards, or even toward a gift card to your favorite shopping locations? 

Why should the holiday season just be about giving presents to other people when you can treat yourself too?  Use the Merchants Bank Visa ScoreCard to buy gifts for your loved ones and use the points you earn for yourself.  

How do you redeem your ScoreMore points?

All you need is a Merchants Bank Visa ScoreCard credit card.

It’s this easy:

  1. Go to www.scorecardrewards.com
  2. Login to your account
  3. Click on the “Go Shopping” button under “ScoreMore”
  4. Use your ScoreCard Rewards card for all purchases
  5. Watch your bonus points add up

How to Start:

If you already have a Merchants Bank Visa ScoreCard, you’ve already started. Just go to www.scorecardrewards.com and start shopping.

If you don’t yet have a Merchants Bank Visa ScoreCard, apply online or contact us and we can help you apply. Happy Shopping!

Credit cards are subject to credit approval.

Let Your Bills Pay You

ScoreCardHolidayENDid you know you can earn points when you use your Merchants Bank Visa ScoreCard? You can even redeem those points that you earn to order a gift card to one of your favorite shopping locations.

 Each qualifying transaction you make earns you valuable Bonus Points. You may redeem your points at any time. The larger your Bonus Points total, the greater the value of the award you may choose.

When you open your credit card account, you will receive your ScoreCard Rewards catalog for your shopping convenience, or you can login to www.scorecardrewards.com and shop away.

For more information contact your local Merchants Bank office or visit our website.

ScoreMore When You Shop for Back-to-School Items for Your Kids

Earn points when you shop

It’s that time of year again. You’ve seen the deals in the paper already, summer is coming to an end and it’s almost time for your kids to go back to school. That means it’s time to start shopping for all of those back to school items on their school list.

What if you could shop for all of this year’s school supplies and earn points at the same time? You can with Merchants Bank Visa ScoreCard. The ScoreCard allows you to get 2X, 3X, 4X and more points for making your purchases with participating retailers – in person and online.

Don’t make the back to school process more difficult than it needs to be. Why not reward yourself using the points you earn while you shop for your children’s back to school items?

All you need is a Merchants Bank Visa ScoreCard credit card.

It’s this easy:

  1. Go to www.scorecardrewards.com
  2. Login to your account
  3. Click on the “Go Shopping” button under “ScoreMore”
  4. Use your ScoreCard Rewards card for all purchases
  5. Watch your bonus points add up

How to Start:

If you already have a Merchants Bank Visa ScoreCard, you’ve already started. Just go to www.scorecardrewards.com and start shopping.

If you don’t yet have a Merchants Bank Visa ScoreCard, apply online or contact us and we can help you apply.

CreditCardBackToSchool

Credit cards are subject to credit approval.