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 be purchased online at http://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.
Will you be getting a Young Money Discover Card?