First time Canadian credit unions will have access to a US Dollar credit card program
(Calgary, AB; Peterborough, ON – October 3, 2016) – Collabria announced today the launch of a new US Dollar credit card and a suite of Business credit cards that are now available to financial institutions across Canada. The new products will be offered through both MasterCard® and Visa®. Kawartha Credit Union, based in Ontario, is the first partner of Collabria’s to offer these new products to their members.
The US Dollar credit card is an innovation in the Canadian credit union market and will provide a long-desired solution for credit union members who want a card that uses US dollars while traveling in the United States.
The new suite of business credit card products will consist of the following options: No Fee Cash Back, Low Rate and Platinum credit cards. These new products will provide business members with a wide range of options to offer credit cards to their employees.
“Collabria is very excited to be expanding our credit card product offering to include a US Dollar card and a unique suite of three Business cards,” said Collabria CEO John Dundas. “Reacting to credit union feedback and requests, Collabria is proud to have worked with a number of our product and processing partners including Kawartha Credit Union, who will be first to offer these new cards through their membership.”
Robert Wellstood, CEO of Kawartha Credit Union added, “We are pleased to be first-to-market with Collabria’s US Dollar Card and their suite of Business Cards. These competitive products will provide our members with enhanced credit options.”
Collabria is a unique payment solutions provider created to deliver customized, end-to-end credit card products and services. At its core, what sets Collabria apart is its foundation in partnership, collaboration and responsiveness. With Collabria, you’ll never have to settle for “one size fits all” programs. Instead, Collabria professionals work with you to design solutions built around the exact needs of your financial institution and your customers. For more information, visit collabriafinancial.ca.
Kawartha Credit Union serves 50,000 members with online, mobile, and telephone banking and a full range of financial products through a 25 branch network that extends from Cornwall to Parry Sound. With more than 60 years of banking history and a focus on service excellence, Kawartha delivers needs-based advice and financial solutions tailored to each member. Additionally, we provide access to The Exchange® Network of thousands of no-fee ATMs in Canada. Membership at Kawartha is open to anyone looking for a financial services provider with a local-focus. For more information, please visit kawarthacu.com.