Thu, Jun 1, 2017
“Don’t spend it all in one place.”
Something so many parents have said to their kids, as they probably heard it when they were young themselves. Money management is a concern for most parents, especially once their kids start working, or when they head off to college.
LSC® has two products to help parents and their children spend safely and conveniently.
NewGen® prepaid debit card is the perfect tool to teach teens* about handling their money wisely. NewGen gives teens freedom of a debit card without the risk of overdrafts or fraud, and lets mom and dad monitor what they’re spending and where.
CUMONEY® Everyday Spend® prepaid debit card is a wonderful alternative when they head off to college. It works like a traditional debit or credit card, while offering more security. With Everyday Spend, college bound members can buy books, furnish dorm rooms, and even shop or pay bills online, knowing their personal information isn’t at risk.
- Safer than cash or credit cards
- Not linked to personal account information
- Teens and Students can only spend what’s loaded on the card
- Convenient to track and manage with the FREE CUMONEY and NewGen mobile apps
This summer LSC® has two special offers for these two products. When your credit union signs up for NewGen or Everyday Spend by September 30, 2017, and opens 40 accounts** by December 31, 2017, you’ll be reimbursed the standard start-up fee for the program. The credit will appear on the January invoice, sent in February 2018.
Join LSC for a FREE webinar highlighting all the benefits NewGen and Everyday Spend offer your members, their children, and your credit union. Select the date & time below that works best for your schedule.