SeaComm Federal Credit Union OFFICIAL BLOG

4 Steps to Take Before Making a Large Purchase

Large purchases are a part of life, but they are not always necessary or in the buyer’s best interest. Follow these steps before you finalize an expensive purchase:

Step 1: Wait it out

Often, a want can seem like a must-have, but that urgency fades when you wait it out. Take a break for a few days before finalizing a large purchase to see if you really want it that badly. For an extra-large purchase, you can wait a full week, or even a month. After some time has passed, you may find that you don’t want the must-have item after all.

Step 2: Review your upcoming expenses 

What large expenses are you anticipating in the near future? Even if you have the cash in your account to cover this purchase, you may soon need that money for an upcoming expense. Will you need to make a costly car repair? Do you have a major household appliance that will need to be replaced within the next few months? Consider your future financial needs so that you can avoid spending money today that you’ll need tomorrow.

Step 3: Find the best savings 

If you have decided you do want to go ahead with the purchase, there are still ways to save money. Take advantage of your Benefits Plus® checking account with SeaComm to access the best deals from the palm of your hand! Your Benefits Plus® membership entitles you to a large catalog of discounted gift and eGift Cards, accepted at full face value. Choose between a great selection of participating stores, including Amazon, Lowe’s, The Home Depot, Walmart, and Bed Bath & Beyond. Your membership also entitles you to discounted travel services, entertainment savings, and much more. Visit your local SeaComm branch to upgrade your checking account!

For complete information, terms, conditions and exclusions please visit or call 866-329-7587.

Step 4: Choose your payment method carefully

Once you’ve chosen your retailer and the item you’d like to purchase, you’re ready to go ahead and make it yours! Before taking this final step, you will need to decide on a method of payment. If you have saved up for this item and you have the funds on-hand for it now, you can pay in cash or use your debit card. If you can’t pay for the item in full right now, consider using a credit card with a low interest rate. Your SeaComm Visa® Platinum gives you the added benefits of a 25-Day interest-free grace period on purchases, and one point earned for each dollar you spend.

Find out if you are already pre-approved for a SeaComm Visa® through LoanEngine™, our loan pre-approval program! If you qualify for a pre-approved offer, you will be presented with it through our SeaComm Mobile app or NetTeller™ in the “My Offers” tab, via email, and/or a letter through the mail.

You may accept offers immediately by following the prompts, or by calling into our call center at (800) 764-0566. Click here to login to your NetTeller™ to view your current offers! If you don’t have any offers at this time, be sure to check back every 60 days.


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