Passcards. Ownership of a Passcard account requires special consideration for security and privacy of account information to fully protect you from fraudulent access to your funds. We may provide you with one or more Passcards for your account. You will choose a Personal Identification Number (PIN, or Passcode), which will enable you to access your account electronically through the use of ATMs, a telephone or any other electronic access device authorized by Capitol Federal®. When your Passcard expires, we may automatically issue you a new Passcard. If we do not automatically issue a new Passcard, you may request one. The Passcard is for use only by the person named on the card. Your Passcard must never be given to any other person. Your Passcode (PIN) must never be disclosed to any other person, and should not be written on the plastic Passcard or carried with the Passcard such as in a wallet. Use of the Passcard together with the PIN shall have the same effect as your signature for authorizing transactions on your account. Your Passcard (subject to the limitations for Passcard Savings Accounts) may be used for: • withdrawals in cash or by check; • withdrawals at point-of-sale merchant locations; • deposits in cash, check or other negotiable instruments; and • check cashing. Withdrawals at point-of-sale or merchant locations may create a monetary hold reducing your available balance. The monetary hold is placed at the time the merchant processes an authorization for the transaction. The monetary hold is placed for the dollar amount of the authorization transaction (which may be a different amount than the final purchase amount). The hold will be released when the purchase transaction settling the original authorization is processed, but in no case will the hold extend more than 72 hours after the hold was placed. The available balance in your account for other transactions will be reduced by the amount of the monetary hold. During the period in which the monetary hold is in place, other transactions which clear your account in an amount greater than the available balance will create an overdraft and may result in an overdraft or NSF condition. See Part IV Sections J, K, L and M for overdraft policies and the separate service charge schedule(s) that apply to your account for related fees.
