Services - Value Added Programs

Enrollment Forms

Covera provides a host of value added programs to credit unions at either no cost or very low cost. Choose the programs that meet your needs:

CAPtivate Program (Credit, Debit)

  • Designed to assist credit unions by increasing the number of accounts activated
  • Using parameters set by the credit union, Covera will call inactive cardholders to find out why the card hasn’t been activated and to encourage activation
  • Use the information gathered to determine which inactive accounts to remove from card base
  • Saves the credit union time and helps to increase usage, leading to more income
  • No cost

Chargebacks Program (Credit, Debit)

  • Have Covera handle your cardholder disputes
  • Available for credit unions on the pass through system with debit and internal credit cards as well as full service credit card programs
  • Credit unions fax the member dispute letter - Covera completes the process
  • Cost according to agreement

Member Survey Program (Credit, Debit)

  • Now available in online and print formats
  • Customized card survey sent directly to credit union members
  • Covera will analyze all results and generate a tailored report for your credit union
  • Discover what enhancements your members want and more importantly, what they will use
  • Use the opportunity to design your card programs to fit members’ needs, and add value to differentiate your card program from all the rest
  • No cost

Customized Reports

  • Customized reports are generated for your credit union’s unique needs.
  • Covera will pull components from our processors reports into one detailed report
  • Available for credit, debit and ATM reports

Premium Transfer Program (Credit)

  • Reward cardholders in good standing by transferring their credit card to a premium Gold or Platinum card
  • Allows credit unions to determine qualifying cardholders to transfer up to a premium card
  • Covera mails the premium card and transfers the account information and balances for each member
  • Saves the credit union time, while rewarding members, building stronger member relationships, and potentially increasing the credit union card program income
  • No cost

Portfolio Development Services (Credit, Debit)

  • Consulting services designed to assist credit unions in increasing their card portfolios:
    • Analyzes programs' key indicators
    • Interprets numbers to develop a plan
  • Credit union program’s success is monitored - suggestions are made to improve and retain market share, ensuring portfolio growth
  • Proven track record of assisting credit unions in running successful card programs

 


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Covera Card Solutions
Phone: 1-866-5COVERA (866-526-8372)

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