Got members without checking accounts? Here’s what to do

first_imgIt might seem hard to believe, but there are many credit union members who still don’t have share draft accounts.The reasons are varied. Some members have difficulty maintaining a balance due to fluctuating income. Some just choose not to use a share draft account. Regardless of the reasons, a cash-only lifestyle is getting harder to maintain, and money orders are inconvenient.Reloadable, prepaid debit cards may help them.Prepaid cards function like traditional debit cards, while offering even more safety and security as they’re not linked directly to a share draft account. They are easily reloadable and, because they cannot be overdrawn, they also work as a great budgeting tool.Plus they are accepted everywhere traditional Visa cards are, but without the high interest of credit cards. With a prepaid debit card, members can experience the convenience and comfort of shopping or paying bills online even if they don’t have a share draft account. continue reading » 3SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img