ARLINGTON, Texas–Texas Trust CU is reporting its Spirit Debit rewards card has now generated $50,000 for the University of Texas at Arlington.
The money earned from the debit card goes directly to the UTA Mavericks general scholarship fund.
The Mavericks Spirit Debit Reward program, which launched in August 2014, rewards UT Arlington with five cents from every eligible debit card purchase. The card can be used for everyday purchases such as gas, groceries, restaurants, entertainment, travel and more.
There are currently more than 1,600 Mavericks Spirit Debit cardholders, the credit union said.
Texas Trust celebrated the reward milestone during the UTA Mavericks vs. Coastal Carolina baseball game. Festivities included a chance to win $50,000 by throwing a boot into a barrel from 45 feet away.
The UTA Mavericks receive Spirit Debit Rewards monthly based on Spirit cardholders’ usage. The athletics department has been able to offer several scholarships to athletes with the money earned so far, Texas Trust said.
Texas Trust is a strategic partner of UTA and its intercollegiate athletics program. The credit union also contributed $100,000 to the university’s career development center, which serves to connect students and alumni with professional opportunities.
“UTA is integral to Arlington’s economic development,” said Jim Minge, president and CEO of Texas Trust Credit Union. “The Spirit Debit Reward program is just one more way that we can assist UTA and the entire community.”