Maryland and District of Columbia Credit Union Association Inc.

04/09/2024 | News release | Distributed by Public on 04/09/2024 23:37

SECU Grows Partnership with University of MD

SECU recently announced its newest offering, the Terps Card- the official credit card of the Maryland Terrapins featuring exclusive benefits for UMD fans, faculty, alums, and everyday consumers.

The Terps Card has exclusive benefits for University of Maryland fans, including discounts on fan gear and gameday purchases, but is an everyday card loaded with valuable benefits for the consumer, including points back on daily purchases, plus discounts and rewards at local Maryland businesses like Ledo Pizza, GrillMarx and more.

The Terps Card is the next exciting venture in SECU and the University of Maryland's partnership, which began in 2022 when the credit union secured a 10-year partnership with the university's athletics department. The agreement included naming rights to the football stadium, SECU Stadium, as well as a sizeable gift to support financial literacy programs on campus and the construction of the Barry P. Gossett Basketball Performance Center.

"SECU is thrilled to offer the brand new Terps Card with all of its incredible benefits to our loyal members. Whether you're a University of Maryland alum, a Terps fan, or you're someone looking for a credit card with perks for daily purchases, as well as SECU's dedication to member protection - this is the card for you," said Becky Smith, EVP and Chief Revenue Officer at SECU. "We continuously strive to give our members great benefits while supporting local Maryland businesses, and the Terps Card does just that. It's a win-win for us to provide rewards that uplift our communities and partners, all while continuing to bring the added value and wellness features our members consistently expect from SECU."

SECU members utilizing the Terps Card can expect a number of exclusive benefits and perks. A sample includes:
Earn 3x points on gas, groceries and streaming services
Earn 2x points on dining and travel
Earn 1x points on all other purchases
No annual fee, cash advance fee, or foreign transaction fee on travel
0% Introductory APR on purchases for the first 12 months, plus 0% Introductory APR on balance transfers for the first 6 months
20% off Terps gifts and gear at the online Terrapin shop
10% off in-stadium concessions at SECU Stadium and Xfinity Center during Maryland Athletic Events
10% off in-stadium merchandise at SECU Stadium and Xfinity Center during Maryland Athletic Events
And more

"Maryland's partnership with SECU just continues to get better and stronger," said Deputy Athletic Director/Chief Strategy Officer, Brian Ullmann. "The debut of Terps Card, the official credit card of the Maryland Terrapins, reflects the next stage of this partnership. We continue to share the same goals - to engage and energize Terp Nation across the state and the country."

"Maryland Athletics and SECU is such a natural partnership as we are aligned in so many ways. We all want what's best for this community and the people in it," added University of Maryland Head Football Coach, Michael Locksley - the face of the campaign. "In the new world of college athletics and NIL [name, image and likeness], financial literacy has never been more important for young people and SECU prioritizes that. Additionally, the brand-new Terps Card provides numerous benefits and perks. All Terps fans should check it out!"

Terps Card holders can also expect the state-of-the-art, people-first support of SECU's member services and 24/7 Visa Credit Card support, plus a host of protection benefits, such as gameday ticket protection, lost luggage reimbursement for travel, price protection and more.

The Terps Card is only available to SECU members.