THE TAB CARD
TUITION SAVINGS PROGRAM
HELPS CREATE SUSTAINABILITY
Generates new passive revenue
Accelerates the collection of tuition through everyday parent spending
Helps parents reduce their ongoing tuition liability
Helps reduce tuition delinquencies
Promotes local community spending
Gives one the ability to reduce their tuition liability through their everyday spending
Purchases made with the TAB Card earn as much as 30% of their transaction back automatically credited towards their tuition account
Increases revenue through increased traffic
Builds brand, business, and customer loyalty
Drives higher value transactions
Promotes responsible spending
SEE IT IN ACTION
Municipal Cards LLC offers a tuition savings program that enables schools to help its parent body reduce their tuition liability while driving local spending in the community. The program, which is promoted by the school, offers its parent body a rewards debit card where the reward, calculated as a percentage of a purchase, is applied directly towards their tuition liability. This reward is funded by Tab Card LLC with a greater amount of reward being earned on local and online purchases. Reward payments are paid in a single electronic file allowing for easy import into the tuition software.
The Tab Card program enables schools to help its parents reduce their tuition burden while increasing their own revenue. The program offers parents a rewards debit card where the reward, calculated as a percentage of a purchase, is applied directly towards the parents tuition liability. A greater amount of reward is earned on local and online purchases.
Issued patent, # 8,401,895, provides us with the exclusive rights in the United States to issue payment products for which rewards offset pre-existing liabilities and to issue payment products for which rewards are assessed based on the location of the transaction.
Program deployment is rapid and simple. Minimal school resources are needed. There is NO impact on the tuition software or IT platform.
The Tab Card program is a platform allowing a school, its parents, and its community businesses to interact in a mutually beneficial way. Municipal Cards fully administers the program, providing all support including technology hosting, cardholder servicing, reward administration, tuition payment preparation, customer support, reporting and program materials.