Velocity offers Skip-a-Pay and other ways to handle holiday finances

Is money tight? Are Jingle bells becoming jingle bills? Velocity can help.

Imagine what you could do with the extra cash from skipping your next loan payment. If your Velocity account is in good standing and all of your loans are current, you can take a month off*! Just log in to Velocity Online Banking, select “Skip a Loan Payment” under “Services,” and follow the instructions on your screen. Then enjoy a little financial breathing room.

Here are some other ways Velocity can help you plan for your holiday spending…

Unwrap a Holiday Loan

‘Tis the season and that means Holiday Loans are here! Whether you want to catch up on your gift shopping or have travel plans to visit the fam, a Velocity Holiday Loan can help. Snap one up at a rate as low as 9.49%† through January 31, 2023.

Reward Yourself with Velocity Credit Cards

Don’t forget these holiday cards! Our Platinum Mastercard™ comes with 0% APR for the first 12 months, a rate as low as 11.00% APR**, no annual fee, low balance transfer fees, and more!

Meanwhile, our Platinum Rewards Mastercard™ delivers all that plus our CURewards points program. Why not treat yourself with each holiday purchase you make? Points can be redeemed for dining, merchandise, travel, and gift cards, or used in the CURewards Amazon portal. You can even get cash deposited straight to your Velocity accounts. Did we mention there’s no annual fee? Consider that your first reward!

Fa-La-La-La-Lock with Velocity CardLock

As you go about your holiday shopping and dining, our Velocity CardLock app can help keep your Velocity credit and debit cards secure. Get instant transaction notifications, turn your cards on or off, report your cards lost or stolen, and more. Peace on Earth starts with your own peace of mind.

Send Money Securely and Conveniently with Zelle®

If you need to split the cost of a large gift or meal with family and friends, consider using Zelle®. It’s a fast, convenient and secure way to transfer money to or from people you know and trust. It’s available right inside Online Banking or the Velocity app!

Have a safe and happy holiday season with Velocity in your pocket!

*Skip-A-Pay Requirements and Information: All Velocity accounts must be in good standing. All eligible loans must be current and at least six full payments must have been received by Velocity. Current payment due date cannot be more than 58 days in the future. Interest will accrue on all affected loans and skipped payment will cause the maturity date to be extended. For members who have Guaranteed Asset Protection (GAP), claim coverage does not extend to the amount of payment deferred and/or extend the length of the GAP contract. Velocity reserves the right to decline any skip requests for any reason. Call 512.469.7000 with questions.

Eligible Loans: The following closed-end loan types are eligible for this program: auto, personal, holiday, boat, motorcycle, travel trailer and furniture. Loan balance and monthly payment must be greater than $100. Loans with periodic payment/ACH payments: requests must be submitted at least 7 days prior to scheduled payment date. Credit cards, and real estate loans are not eligible. Fee: Skip-a-Pays are subject to a $30 processing fee, paid either via internal transfer or debit/credit card. $30 fee for each loan must be paid at the time the “Skip-A-Pay” is requested. Fee may not be added to the loan balance..

†Our lowest APR includes a Member Rewards discount of 0.50%.

**Rates effective: December 5, 2022 — Intro rate for first twelve months, not available on savings-secured cards. After intro period, APR for Velocity Mastercard Platinum will range from 11.00% to 18.00% APR based on credit score and the Prime Rate; APR for Velocity Mastercard Platinum Rewards will range from 15.00% to 18.00% based on credit score and the Prime Rate.