College Parents of America offers two new separate cards, a student prepaid and a student credit card, each complete with training wheels. The student conveniently uses the card to obtain cash from an ATM machine and for purchases anywhere MasterCard is accepted in the U.S. and Canada.
Parents can re-load the card with money at any time, either by phone or the Internet.
And most important, the student only can spend up to the amount that is loaded on the card, thus eliminating any potential credit problems. There is a small sign up fee for the card program and for additional re-loads of money onto the card. The College Parents of America Card Program encourages parents to discuss and share money management skills with their students. College Parents of America members can now receive significant savings on selected Peterson s college guides. Discount offers are regularly updated.