CU Doubles Prepaid Card Volume

Published May 09, 2008, 1:08 p.m. EDT

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Updated August 27, 2020, 1:15 a.m. EDT

1 Min Read

SUITLAND, Md. - Andrews FCU reported it has doubled its volume of sales in prepaid Visa gift card sales since the launch of its program in late November 2007. From November 2007 to February 2008, gross sales totaled 1,238 card with $99,906 in loaded funds.

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Andrews Federal Credit Union sells Visa Prepaid Gift Cards to members directly at teller windows for $2.95. Loading of the cards can be done with a credit card or by transferring funds from a checking account for amounts up to $500. (c) 2008 The Credit Union Journal and SourceMedia, Inc. All Rights Reserved. http://www.cujournal.com http://www.sourcemedia.com

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