July 2nd, 2009
If you’re going to travel overseas you should seriously consider putting a share of your travel money on a prepaid credit card, specifically one geared towards international travel. A prepaid travel card is as safe as a traveler’s check, but as easy to use a credit card. You’ll appreciate the convenience a prepaid card will provide when you travel overseas. With the flexibility of cash and the safety and security of a MasterCard, the Prepaid ARC Travel MasterCard is the way to go.
To use the card you simply load funds onto the card online through a credit card or your checking account, from $100 up to $2500. You can then setup balance alerts via email and text messaging to help you keep up with your account while you enjoy your vacation.
A prepaid travel card goes beyond traveler’s checks. You’ll be able to make purchases at over 25 million retail locations, restaurants, airports, and entertainment venues — wherever Debit MasterCard® is accepted. It can even be used to withdraw cash from over one million ATMs around the world.
The Prepaid ARC Travel MasterCard provides the following traveler’s benefits:
- Fast replacement cards and emergency access to cash
- Lost or damaged luggage coverage
- Purchase protection for stolen or damaged goods
- MasterCard PayPass™ enabled to speed checkout and increase security.They can just tap their card on a PayPass™ terminal–no need for them to hand the card to a cashier!
A travel professional can walk you through the application process and give you more information on the card and all of its benefits, or you can check out the prepaid ARC Travel MasterCard blog at arctravelcard.blogspot.com.
Tags: prepaid card, prepaid travel card, travel card
Posted in Prepaid Credit Cards | No Comments »
June 30th, 2009
It’s hard to keep an emergency fund. You have a wad of cash in your closet or in your hiding place just in case you need it in an emergency. The problem is that it’s to tempting to spend the cash on things you don’t need. They say that it’s more tempting to spend cash than use a credit card so the obvious solution is to keep your emergency funds on a prepaid credit card. All you have to do is apply for a prepaid card online and you can manage your account through the card company’s website. It’s easy to put money on your card and see the balance.
When you have your emergency funds on a prepaid card it’s safer than cash. What happens when your home is robbed and your emergency cash is taken? You lose all of it and it’ll never be seen again. If your prepaid card is taken it’s harder for the thief to use and you can call the card company to have the card cancelled.
You also have the protection services from Visa and Mastercard to back you up.
Your prepaid card is easier to hide and carry. If your home is robbed it’s much harder to find a well hidden card than a wad of cash. It’s also easier to take your card with you in an emergency. If you are pulled over with cash you can’t account for the police may seize it, but there won’t be a problem with a prepaid card in your wallet.
Sign up today for a prepaid credit card and keep your emergency funds safe.
Tags: emergency money, prepaid credit card
Posted in Prepaid Credit Cards | No Comments »
June 26th, 2009
If you have a hard time keeping up with your budget generally and your entertainment allowance specifically, you can put your entertainment “allowance” on a prepaid card. It’s simple to put money on your card. All you have to do is transfer it online from your checking account or a credit card. This can be done quickly from the prepaid card’s website.
Prepaid credit cards are an easy way to make sure you don’t overspend. If you’re on a tight entertainment budget and only take your budgeted prepaid card with you, you won’t be able to overspend. It’s harder to fight the temptation when you have a high limit credit card or cash in your wallet.
Keep track of your entertainment spending is easy with a prepaid card. Since you’ll only use the card for entertainment expenses it will be easy to track your entertainment spending. All you’ll have to do is log into your card’s website and you’ll have access to your records no matter where you are. It can be fun staying under budget and watching your balance grow. You’ll quickly start thinking about a trip to Paris which will make you want to spend less and less.
Entertainment spending can earn bonus points and rewards on some cards. Not only can you watch your balance grow as you start planning a vacation, you’ll be able to see your bonus points grow as you use your card. You’ll win when you save and when you spend! If you’re looking for a card with rewards you can’t lose with the First Vineyard MasterCard® Card.
Tags: budget, entertainment expenses, entertainment spending, prepaid credit card
Posted in Prepaid Credit Cards | No Comments »
June 18th, 2009
The Eufora Prepaid MasterCard with Credit Builder is the only prepaid card that offers cash rewards,helps build or rebuild your credit and has membership rewards. I’ll describe these three features below and you can decide if this is the right card for you.
Cash Rewards
Eufora will pay you up to $90 per year for each person you refer to them who signs up for an account. There is no limit to how much you can earn. As long as you and your referrals maintain your Eufora Memberships and Eufora Prepaid MasterCard® Card Account in good standing, you will continue to earn annual income year after year.
Build Your Credit
Eufora allows you to have a small amount of credit on your card for a fee. You have to pay a fee upfront and a small monthly fee for the credit provided. Your payments to repay this small amount of credit are reported to TransUnion and Experian. The amount of credit and fees associated with it depend on the Eufora card you apply for.
Membership Rewards
Eufora Membership Rewards gives Eufora Members the opportunity to be rewarded just for being a customer and using the card. Members are able to redeem account savings, bonuses or unique opportunities through rewards credits earned while participating in special offers.
Their current membership offer rewards you for loading your prepaid card.
The more you load, the more you get back!
Load $50, get $5*
Load $100, get $10*
Load $150, get $15*
Load $200 or more and get $20*
These rewards are automatically kept track of when you load your card.
Visit Eufora today and start rebuilding your credit.
Tags: eufora, prepaid card rewards, rebuild credit
Posted in Prepaid Credit Cards | No Comments »
June 17th, 2009
Discover recently introduced the Current by Discover card. A prepaid credit card geared towards parents, teens and students. This can be a better option than your teen having a traditional debit card, where funds come directly out of their bank account because of the the risk of being overdrawn and incurring overdraft fees.
Benefits for Teens
This is one of the few prepaid cards on the market that offer rewards when you shop at certain stores in person and online. Rewards are even available for shopping at certain restaurants. You can cash in your bonuses at stores like Target and Sports Authority with Current Deals, Discover’s reward site for the Current by Discover prepaid credit card.
To help you budget you can set daily spending limits on your card and you can track your purchases. Discover also offers you several online financial tips and tools to help provide you a with money management skills.
Your parents can deposit money to your account and you can easily withdraw it at any ATM (if they allow the use of an ATM).
Benefits for Parents
You decide how much your teen can spend and you can restrict shopping in categories such as hotels, tobacco stores, liquor stores and more. You can also set the card to not dispense money through an ATM.
You can add funds to the card from any checking account, savings account or credit cards.
A $0 liability guarantee keeps your money safe from fraudulent charges and you can disable the card if it’s lost and easily enable it once it is found.
Membership is only $5 a month and there are no minimum balances, loading fees or credit checks. If you’ve been nervous about using a prepaid card in the past you can now try a prepaid card from Discover, an established bank you know and trust.
Tags: current by discover, discover, prepaid card
Posted in Teenagers | No Comments »
June 2nd, 2009
There are three good reasons to provide your teenager with a prepaid credit card.
1) Keep track of money you give your teenagers
Your son or daughter asks you for money almost every time you see them. Are you having trouble keeping up with how much you give them? Billy insists you haven’t given him anything in 3 weeks but you’re pretty sure you gave him a $20 Friday. With a prepaid credit card like the ones on our website you can keep up with the money you give Billy and what he spends it on. If Billy doesn’t want you to know what he spends your money on he can go get a job, unless he’s younger than 16 because there is probably a law against that.
2) Quickly give money to your teens when out of town
Are your kids out of town? How will you get money to them if there is an emergency? Why is Billy out of town when he should be home looking for a job? If you need to get money to your child you can easily do it if they have a prepaid card. You can transfer money from your checking out, a credit card and prepaid cards allow you to send money via your cell phone. If your child needs money in an emergency you’ll be able to get it to them quickly and easily.
3) Teach teens about credit cards before they get one
How can you teach your kid about credit cards without giving them one to use? How do you give them one without the risk of mounting debt and fees?
It’s easy! You can give them a prepaid card which is a credit card without the drawbacks. Your teenager will become comfortable using the card and they will be more likely to use a credit card more responsibly when they qualify for a student credit card. By the time Billy gets a job and his own income he’ll be glad he has experience using a credit card.
Tags: obopay, prepaid cards, Prepaid Credit Cards
Posted in Teenagers | No Comments »
