Fall is great timing to offer reloadable,
Do you have yet to offer a reloadable,
pre-paid debit card? If you don't someone else will; with 68 million
underbanked and unbanked adults in the U.S. and an annual growth rate of
22% in reloadable, pre-paid cards (CUNA E-Scan Report 2013-2014), your
credit union shouldn't miss a valuable opportunity to serve members. And
with parents looking for a way to help manage their college students'
spending, fall is the right time to offer one!
Fee revenues for pre-paid debit card products
are projected to reach $1.7 billion by 2016, According to Madeline
Aufseeser, senior analyst with Aite Group.
And right now, more people are looking for a
safe and convenient way to help students heading off to college live
within their means. It's more flexible than a campus card because it can
be used at ATMs and all VISA merchants, and because it's interest-free,
students can use it without worrying about actual expenses growing over
The CUMONEY Visa TravelMoney
card helps you offer the convenience and
safety they're looking for while preserving one of the lowest fee
structures in the market. The program allows your credit union to choose
between a branded or non-branded card program.
Check out these benefits:
Safety — no liability or fraud exposure
Low cost — no annual fee with CUMONEY-branded program
Easy implementation — online activation and free downloadable
Safety — zero liability or threat of checking account being
Cost containment — no monthly fees or finance charges
Ease of use — unlimited reloads and accepted at ATMs and Visa
Act now! The $500 set-up fee on the
non-branded card program will be waived for Wisconsin credit unions
until September 30, 2013.
For more information contact Ben Schweder
at (262) 408-6026.
Fall is great timing to offer reloadable, pre-paid cards