As transportation costs continue to rise, SchoolsFirst Federal Credit Union is introducing a limited-time credit card rewards promotion to help Members earn more on everyday gas and EV charging purchases.
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SchoolsFirst FCU Launches Credit Card Promotion to Help Members Offset Transportation Costs
The promotion was inspired by credit card spending trends the Credit Union is seeing across its Membership. Average credit card gas spending has increased 15% year over year, growing three times faster than the 5% increase in overall non-gas spending. Approximately 77,000 Members use their SchoolsFirst FCU credit card for gas purchases each month, representing 28% of active Members.
During the promotion period, eligible existing credit cardholders and Members who open a new eligible SchoolsFirst FCU credit card can earn enhanced rewards on qualifying gas and EV charging purchases. Depending on the card product, Members may earn 5% cash back or 5x points. No registration is required and new cardholders are automatically eligible.
“Our Members continue to face rising everyday expenses, and transportation costs remain an important part of household budgets,” said Amy Hsu, senior vice president, Payments & Fraud. “We’re seeing Members spend more on gas than they did a year ago. This promotion is one way we’re helping put a little money back in their pockets on purchases they’re already making.”
While the promotion focuses on gas and EV charging rewards, it also reflects SchoolsFirst FCU’s commitment to helping Members make smart financial choices. By offering credit cards with competitive rates and rewarding everyday spending, SchoolsFirst FCU provides a cost-effective alternative to many traditional credit card options.
Members can learn more about eligible cards, promotional offers and terms at schoolsfirstfcu.org.
About SchoolsFirst Federal Credit Union
SchoolsFirst Federal Credit Union is dedicated to improving the financial lives of its Members. Founded in 1934 by 126 school employees, the Member‑owned cooperative provides a full range of financial products and services to more than 1.5 million Members and is the largest financial institution dedicated to serving school employees and their families. SchoolsFirst FCU has been named one of California’s top credit unions by Forbes for eight consecutive years and recognized by JD Power as the #1 Credit Union for Member Banking Satisfaction for two years in a row. With more than $37 billion in assets, SchoolsFirst FCU is the largest credit union in California and the third largest in the United States. For more information, visit schoolsfirstfcu.org.
Insured by NCUA.
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