LSC Unveils NewGen-The Prepaid Debit Card Teens and Parents Can Agree On

Independence! It’s what most teens want. The freedom to make decisions about what they wear, who they hang out with, and what they buy is ideal for them, but concerning to their parents.

Parents just want their kids to make smart decisions and learn how to spend within a budget before they turn them loose in the mall with their friends.

That’s where credit unions, LSC, and NewGen could help.

The NewGen prepaid Visa debit card gives teens* the freedom to spend, while giving moms and dads peace of mind. It’s the card designed to introduce teenagers to the safety and convenience of a debit card, while teaching them to spend responsibly.

According to LSC, NewGen is:

  • Safer than cash
  • Easy to reload
  • Not linked to your accounts
  • Protected by Visa Zero Liability Coverage**

As an added incentive, LSC is offering a special promotion:  for a limited time they will waive the $2 new account fee to your credit union and load the first $5 onto every NewGen card your credit union issues to a teen!

LSC is hosting two free webinars to show how offering NewGen allows tomorrow’s members a little freedom while giving today’s members – their parents – peace of mind.  

To register, simply click the date that works best for you:

Thursday, April 21, 2016, 2:00 PM – 2:30 PM CT

Wednesday, April 27, 2016, 11:00 AM – 11:30 AM CT

*Must be 13 years of age or older. The NewGen card is not offered to anyone under the age of 13.

**Subject to contract terms

Strategic Link is the NWCUA’s wholly-owned service corporation, using the power of collective action to provide the Association’s member credit unions with exclusive, high-quality, competitively-priced products and discounted services. Try our new CU Match Up tool to find the right partner for your credit union’s business needs. Contact Director of Strategic Partnerships Craig Reed at today to find out how Strategic Link can help your credit union save money while meeting its goals in 2015 and beyond.

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