18 October, 2011, Sydney: Commonwealth Bank today released details of the Commonwealth Bank Campus Card, an innovative, all-in-one student card that fuses the traditional student ID card with contactless prepaid MasterCard.
Campus Card incorporates library and internet services, photocopying, building access, printing and transport concession with student ID into one smart card, but also gives students the ability to spend their own funds anywhere at the University, as well as online, over the phone, or at any of the 30 million MasterCard merchants worldwide.
University of Canberra was the first University in Australia to launch Campus Card with the Commonwealth Bank, and Macquarie University will be rolling out Campus Card later this year. Commonwealth Bank’s Campus Card was awarded the 2011 Australian Business Award for Best New Product.
Anthony Hughes, Commonwealth Bank General Manager Deposits and Transactions, says the aim of the Campus Card is to offer cashless convenience to students through combining the benefits of a prepaid MasterCard with the existing student card.
“Commonwealth Bank worked closely with the universities to discover what they were looking for to make student-life simple and easy. Combining a student ID with a prepaid card now brings together everything students need on one universal, easy to use card and we are in talks with a number of other universities to bring this solution to students across Australia “said Mr Hughes.
Professor Stephen Parker, University of Canberra Vice-Chancellor, says an added benefit of the card is the shorter queues and faster transactions in campus shops and cafes.
“This is all about making life easier for our students.
“The Commonwealth Bank Campus Card uses the latest technology to provide a single, secure card for everything from borrowing a library book to buying a coffee,” said Professor Parker.
The optional prepaid debit card can be activated at no cost and managed through a self service website. There are a variety of free loading options including BPAY to load money onto the card, and students don’t need to be Commonwealth Bank customers to use Campus Card.
- ENDS -
Tracy Hicks, PR Advisor
P: 02 9118 6919
M: 0478 306 055