Altura Credit Union has introduced its own branded Uphora rewards credit card, which allows cardholders to pay part or all of a purchase with points anywhere Mastercard is accepted.

Uphora rewards credit card allows cardholders to earn 20,000 reward points by spending $2,000 in the first 90 days.

The earned points can be exchanged online or in stores for merchandise, gift cards or travel.

Altura has also rolled out a free mobile app – MobiMoney – to give members more control over the Uphora and other Altura credit and debit cards.

The MobiMoney mobile app delivers  instant alerts based on personal preferences of the members to manage their credit card usage.

The app helps protect against fraudulent transactions by allowing the cardholder to restrict purchases by location, merchant, transaction type and amount of purchase.

MobiMoney also allows cardholders to disable the card if the credit or debit card is lost or stolen.

Altura Credit Union chief operating officer Robert Whitton said: “With the Uphora MasterCard, people don’t have to save up their reward points for big ticket items, although they still can. But instead can use the points to purchase everyday things quickly and easily using your Uphora card.

“As a MasterCard Rewards card, Uphora offers one of the most flexible rewards programs available today. MasterCard Pay with Rewards lets Altura cardholders use their points for whatever they want at millions of eligible locations around the world.”