New and existing members at the $1.4 billion UW Credit Union can now get new credit cards on the spot from their credit union, which said it’s the first financial institution in the state to offer the instant issue service.
“If a member has an approved credit card application, he or she can have a new credit card printed in-branch while they wait, at no additional cost,” said Carma Atkinson, card programs manager at the 162,000-member UW Credit Union in Madison, Wis.
The credit union began offering instant issue debit cards in 2008, allowing members who open checking accounts to be able to leave the branch with their new card that day.
The service can be used to replace damaged cards, as well, and alleviates the seven to 14 days of processing and mailing typical when members open a new credit card account, Atkinson said.
UW Credit Union has 19 branches, 95 ATMs and locations in Madison, Milwaukee, Stevens Point, Green Bay, Oshkosh and Whitewater.