Lil Wayne Releasing Prepaid Discover Cards
Lil Wayne’s label is moving forward with plans to release a line of credit cards, this time through ACCENT InterMedia.
Young Money Entertainment has announced plans to release the Young Money Prepaid Discover® Card that can bee purchased online at www.youngmoneycards.com.
The concept for the Young Money Card was developed by Horace Madison, founder of Madison Strategic Integration and business manager for Lil Wayne and Young Money, along with card-veteran Buddy Smith.
“We’re excited about giving people who may not have access to traditional banking accounts the convenience of plastic,” said Madison in a statement.
“Wayne wants to keep it simple and sleek, but load it with benefits that are meaningful to Young Money cardholders.”
Tim Clark, CEO of ACCENT also released a statement saying,
“Young Money artists have such a strong following, as demonstrated by their 50mm and growing fan count in social networks. We are excited to be working with such a powerful brand.”
Makers of the card boast that they’re keeping fees to a minimum and the card only has six fee types, including a $6.95 card purchase fee, with $3.95 monthly maintenance thereafter.
The program is also supporting charitable causes with a portion of the proceeds from every card sold to benefit non-profit organizations including Lil Wayne’s One Family Foundation.
For more information regarding the Young Money Prepaid Card program, please visit www.youngmoneycards.com.