Campus Dough Rolls Out DebitSmart Prepaid Visa
CO-based University Parent Media has teamed with StorValue, the
industry leader of co-branded and rewards-based prepaid cards, and
issuer MetaBank, to issue the “Campus Dough DebitSmart Visa Prepaid Card”.
The reloadable card is a first in several ways for students and parents:
It offers clarity with transparently disclosed fees that are less than
virtually any other similar card; it provides outstanding, 5 to 60%
discounts at thousands of collegiansâ favorite places and it arms students and their families with online and
mobile money management tools and online banking for better control of
their finances. University Parent Media recently conducted an informal, qualitative
online survey revealing that half of the respondents were not aware that
the 2010 Credit CARD Act increased the difficulty for those under 21 to
get a credit card without a parent or guardian co-signer. More than one
half of the respondents were hopeful that a debit card could help them
to better manage their finances than a credit card.