CreditCard
Save/Invest Club

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CreditCard
Save/Invest Club Statement

An Innovative Way to Save!
Create A CreditCard Save/Invest Club

If you are one of the 60% cardholders who pay off your card balance every month, the CreditCard Save/Invest Club could become a a convenient, painless, and self enforced way to short term or long term save/invest.

How Does It Work
When a credit card also becomes a saving/investing card, the cardholder’s charges are magically “rounded up” at the back end by $1.00, $3.00, $5.00, or more, and the excess amount is sent to a sweep or surplus account for future spending as in a Christmas/Holiday Club or mutual fund, etc. See CreditCard Save/Invest Club Statement.

For example, when a customer charges $85.14 and they previously have set up a $5.00 rounder amount, the final debit against their credit balance will be for $90.00. In this example the rounder amount or excess funds going to their savings/ investment club account would be $4.86. Click here to see an example of a monthly statement.

(Note: Funds will not arrive in the savings or investment account until the cardholder pays off their monthly payment plus the monthly rounded amount.)

Once the funds are collected by the card issuer -- they will be apportioned according to the cardholder’s instructions, i.e. into a bank/card issuer sponsored savings program, a stored value or  gift card, mutual funds, annuities, insurance products, etc.

Customer Motivation
In response to the logical questions, “Why will customers (who pay off their balance every month) add this feature to their credit card charges?” and “Why would customers who do not pay off their card each month (revolvers) send funds to a savings/investment club and pay interest on the money?”

The answer lies in the fact that most of us “need to save for a rainy day”. However, in opposition to the “need for self-discipline” lies hedonism and procrastination, which obviously leads “to living beyond one’s means”.

In order to accomplish the saving habit, customers need every tool possible. When a consumer adds the CreditCard Save/Invest Club enhancement to their credit card account, they will have made an excellent, one-time decision that will enlist EPC’s US. patented technology in helping them to automatically save for the proverbial “rainy day”!   

       EPC Products
PowerPennies Credit Card CreditCard Save/Invest Club PowerPennies Checking
Save/Invest Checking
Universal Stored Value Card
Merchant Gift Card
”CaringGift” Card
AutoGive
CharityCoins
CouponShare
CreditCard Builder EasyLifeInsurance
CreditRecover
POS Smart Card Load
POS Enroll
EPC Aggregation
Easy Deposit

Benefits for Banks/Card Issuers
As to the question, “Why should banks/credit card issuers license CreditCard Save/Invest Club and offer the system to their customers?” The answers are:

  • Patented Customer Acquisition & Retention Tool -
    With banks across the country looking to grow their retail business, CreditCard Save/Invest Club offers proactive banks/card issuers the opportunity to attract and maintain customers who are looking for something beyond plain vanilla.
     
  • Only 50% of the US. Cards Will Be Eligible for Licensing - Every Penny Counts plans on licensing 50% (or approximately 278 MM cards) with the rights to use its patented program. EPC will license card issuing financial institutions as Service Providers within the EPC Network on a first come basis.
  • Every Card Can Become A Save/Invest Club Card - Once licensed, card issuers will have proprietary rights to empower every existing and new cardholder with a direct connection to their need to save/invest. All of the power and passion involved in the Save/Invest system can be harnessed and distributed, without the need of card issuer physically issuing a new card.
     
  • A New Profit Center - Licensees that offer the CreditCard Save/Invest program will earn new revenues from float fees, increased interchange fees, monthly service fees, commissions from the sale of financial service products, etc.
     
  • Turn Key Marketing & Operation - As part of its services to licensees, EPC will refer millions of new customers to the card issuers that license the CreditCard  Save/Invest program.
     
  • License Additional EPC Patented Products - Licensees of the Save/Invest program will also have the opportunity to license additional EPC patented products.

Please click here, if you want us to find a proactive card issuer who will offer you the world class CreditCard Save/Invest program!

Pennies, Just Pennies!

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