facecard | News at facecard

Here at Facecard, we’ve heard lots of stories about the $5 sandwich that turns into a $40 expense because of a $35 overdraft fee. As a Facecard member, you get Facecard Overdraft Protection, a free service that offers the following:

§  Email and text notifications to alert you when your balance is low.

§  If you have insufficient funds on your card for a purchase, it will be declined.

§  A pre-authorization of an additional 20% at restaurants to ensure there is enough money on your card to cover both the bill and the tip amount.

Facecard Overdraft Protection offers you frequent and easy access to your account balance so that you know how much money you have to spend and protects you from the possibility of overdraft.

Here are more ways to stop overdraft fees before they start: http://blogs.wsj.com/wallet/2009/04/21/how-to-stop-overdraft-fees-before-they-start/

College students have increasingly become a major target for big credit card companies. Many students graduate with an unmanageable amount of debt that could take years to pay off.

A story just published by USA Today reveals that a Sallie Mae study found that the average college credit card debt is rising with fees and tuition. The study found that the average undergraduate carried $3,173 in credit card debt last year, the highest level since Sallie Mae began collecting this data in 1998. In 2004, students carried an average of $2,169 in card debt.

For the full story, click here: http://www.usatoday.com/money/perfi/credit/2009-04-12-college-credit-card-debt_N.htm  

We know college students can use a hand with their finances. We’re a financial company that is built upon the well being of this generation so we do what we can do to help. So, we’ve put together some easy to follow strategies related to effective budgeting, smart banking and avoiding identity theft. So take a second and read them, follow them and when you’re finished with school, you’ll have a lot more money.

Tools to make the most of your college dollar: http://getsmartgetmore.com/

Graduate college with a leg up, not a step behind!