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EZ LAUNCH CREDIT CARD PROGRAM

EZ Launch is a turnkey credit card program enabling your credit union to enter the credit card market with absolutely no risk to your credit union.  ICUL Service Corporation will perform loan underwriting, collections and assumes all expenses and risk of loss.  By participating in this program, you can compete in the credit card market by serving your members’ needs on a higher level.  Today, your members can choose from among many different types of credit cards.  Why not have them choose yours!  This way both you and your members win.

·         Helps your credit union compete in the financial marketplace.

·         You may earn a portion of the finance charge paid which will improve your bottom line.

·         You will generate credibility with your membership.

·         You can use this program as a powerful tool for attracting upscale potential members into active usage of credit union services.

·         You will retain and attract new members.

·         You will give your members convenience, low interest rates, generous credit lines and a payment acceptance plan that can be used in over 18 million locations plus an ATM network availability in 120 countries.

·         Your members can view their credit card information through your web site or directly through a web address.

·         No lost revenue due to charged off accounts.

·         Other credit union product inquiries will be directed back to you.

·         You will have the ability to purchase the portfolio at a later date.

·         Interest rates between 11.24% and 20.24% with generous credit lines up to $25,000.

·         Your members will have the ability to upgrade to a premium program (Platinum Program), giving your members more enhancements, while providing direct competition with other institutions in the industry.

·          Provide a list of members including name, address, social security #, birth date and other necessary information to market  the  program.

·         Refer credit union members interested in the program.

·         Market the credit card program – free marketing materials provided.

·         $750 deposit – CU receives $500 back once 50 cards have been issued on the program.   

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The implementation process to start issuing credit cards is approximately 90-120 days from the date we receive all signed documentation.

Give us a call today at (800) 942-7124.   We will be happy to answer your questions.