Credit union launches pre-paid debit card

DOWNEY - Capitalizing on today's prepaid, reloadable card trend, Financial Partners Credit Union has launched its own reloadable debit card for its membership.The reloadable debit card requires no credit checks and features no late fees or overdraft fees, with zero fraud liability. The card can be used wherever MasterCard is accepted. Card balances can be tracked online, on mobile phones and at ATMs. "A reloadable debit card is a great way to manage your money while traveling, shopping online and it is a great tool to teach your children about responsible spending," said Nader Moghaddam, president and CEO of Financial Partners. "It's simple for members to reload the card with the amount they need. They can reload online and from their phone - whenever they're ready."

********** Published: June 21, 2012 - Volume 11 - Issue 10