Consumer Payment Card News

College Mastercard

Just in time for back-to-school, College Parents of America and Debix Systems have teamed up to offer a pre-paid stored-value MasterCard. The College Parents of America MasterCard debit card can be used to obtain cash from an ATM machine and for purchases. Parents, as well as students, can regularly track spending activity and remaining balances via a Web interface. The card is also re-loadable whereby students and parents can add additional funds via the Web or by calling the toll-free customer service line. CPA and Debix also announced they are offering a credit card version of the MasterCard under which parents can set credit limits and monitor the account. Parents who acquire either CPA card for their student will receive the College Parents of America/MasterCard International produced booklet “Money Talks-Helping Your High School and College-Aged Children Master the Financial Facts of Life.” For more information on College Parents of America membership and obtaining a College Parents of America pre-paid debit card, call 1-877-816-4221 or consult CPA’s Web site at www.collegeparents.org under the Discounts & Savings section.

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