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From the Editors of CU Weekly
PREPAID TRAVEL CARDS
11/24/14 04:27 PM
Give Your Members More Flexibility
Many of your members will be traveling this holiday season. Give them extra protection and flexibility, while earning additional revenue for your credit union.
LSC’s VISA TravelMoney Card is a great opportunity for your credit union to serve traveling members with the safety of travelers checks and the convenience of a credit card. Implementation takes only 10 days. Plus, LSC has set all the fees on the card and will assume all the fraud risk associated with the program.
Let’s not forget that your credit union will be able to earn additional revenue by charging a retail fee for issuing the card!
TravelMoney Card benefits:
- Branded with the VISA logo, accepted at more than 20 million VISA locations worldwide
- The card also supports the Plus and Interlink networks
- Can be used at ATMs to withdraw cash and at merchants that accept pinned based POS transactions
- Cards are instantly issued at the credit union
- Can add your credit union logo
- Your members can receive transaction information, change PINs, check balances, and fund the card via the CUMONEY website
- Can be funded with checking or savings but is not linked to accounts
- Can be funded for amount from $100 to $5,000
- There are no annual fees when using the CUMONEY logo
- Easy activation that only requires an Internet connection
For more information on LSC, please contact Tonja Wheatley, vice president of Credit Union Solutions and Membership at the Leagues, at 909-212-6023 or email@example.com.