EZ Launch program by LSC® offers a risk-free credit card program for credit unions

Posted by Laurie Okawa-Moore
on "August 14, 2018 11:59 am"

More credit unions are offering credit cards to members. For credit unions new to a card program, it can be overwhelming at best and downright scary at worst with set-up requirements, fees, and myriad other details that must be addressed.  Compliance and risk are major concerns, but more importantly are how a credit card program benefits your members and the credit union.

Members want credit cards because it helps them keep more money on deposit and builds their credit rating. Even members who rarely use credit cards like having one in case of emergencies. If the car breaks down or the washing machine goes silent, it’s better to take advantage of traditionally lower rates on a credit union credit card than put the family budget in constraints. Plus, many cards offer attractive rewards programs.

The EZ Launch program offered by LSC® is a prime example of a risk-free credit card referral program for credit unions. Aside from charging no set-up fees and providing free marketing materials, EZ Launch pays credit unions. That’s incremental income to you for a simple referral.

The time for credit cards is now. Over 60 percent of credit unions across the country offer credit cards because it is what members want. Let EZ Launch by LSC® meets your members’ needs and increase your credit union’s bottom line.

For more information, please contact Dave Fitzgerald at LSC — This email address is being protected from spambots. You need JavaScript enabled to view it.. LSC has been a League business partner since 2005.