As a new member of the Credit Union of Colorado, you have received or will receive a 1099-INT tax document from us in the mail, which shows the interest you have earned in the past year plus $15.

When you joined the credit union, we deposited $5 into a membership account and donated $10 to the Credit Union of Colorado Foundation on your behalf. Officially, this resulted in a total of $15 of reportable income. According to IRS regulations, we must include this amount in the “interest earned” box of the 1099-INT form.*

The $10 contribution to the Credit Union of Colorado Foundation is an eligible charitable donation you may be able to deduct from your 2022 income taxes. Please consult with an appropriate tax professional.**



*Full IRS requirements can be found here: https://www.irs.gov/instructions/i1099int

**CUofCO does not provide tax, legal, or investment advice. This message does not represent tax, or legal advice, and you should always consult your tax or legal advisor with questions regarding tax issues.

Description

The use of delivery services has grown significantly in the last few years, and was accelerated during the Covid-19 pandemic. Now, Visa is capitalizing on that trend by partnering with Shipt to offer reduced delivery costs to card members.

Shipt is available in over 5,000 U.S. cities, giving you the ability to order items from over 100 different retailers, delivered straight to your door often on the same day. It is primarily used for grocery stores, but you can also order from pet stores, drug stores, liquor stores, and other big box retailers like Target and Costco.

Visa Signature cardholders receive three months of free Shipt membership, then nine months of membership at 50% off, with free delivery on orders over $35. Normal monthly membership is $10.99 a month/ $99 a year.

Offer valid from 9/17/2021 through 12/31/2024 (“Term”). Cardholders enrolling during the Term with a qualifying Visa Signature card (“Card”) receive a free Shipt membership for 3 months, then 50% discount on monthly Shipt membership for 9 months, which (i) includes waived delivery fees on orders over $35 ("Offer”) and (ii) is only redeemable through Shipt web application at shipt.com or the Shipt mobile app. Your membership will begin on the date that you enroll your eligible Visa consumer credit card to your Shipt account. Existing Shipt members that enroll in the Offer start their free membership at the expiration of their current paid membership and are eligible for a 6-month membership extension. Cancellation of an existing Shipt membership will result in Offer ineligibility. Enrolled cardholders must use the Card as the default payment method to redeem, have the Offer remain effective, and have the Offer apply, or may be subject to additional fees. Eligibility for the Offer is limited to one per person per Shipt account, and per eligible Visa card. Payment through third-party payment accounts, online or mobile digital wallets (like Apple Pay and Google Pay), or memberships purchased through third parties are excluded from this offer.

For more information visit https://www.shipt.com/visa