Sunday, December 14, 2008

Wired Plastic - Prepaid Card Review

By Dan Moskel

Wired Plastic Card is a prepaid Visa debit card. You must deposit money on your card and then you can use your card to make purchases or access cash through the ATM.

Your card is accepted online and over the phone. In addition it is accepted everywhere you see the visa logo displayed.

Your card can be used to rent a car or make a hotel reservation. You also can sign up for free e-mail and text messaging account alerts.

The most unique benefit about this card is they offer a rewards program. You earn 1 point for every dollar spent.

These points can be redeemed at participating retailers which includes; Verizon Wireless, Cingular, T-Mobile and more. You can use your points to pay your phone bill; purchase music downloads or ring tones.

This card is issued through Bankfirst and gives you free direct deposit. There is a $3.95 monthly fee but that is much lower to the standard monthly fee ranging from $9.95 to $19.95 a month for other cards.

Your card can also be used to write physical checks. These checks can be written to pay your bills such as; cable, utilities, and rent. This will eliminate paying for costly money orders. Your card can be loaded with money through a bank transfer, pay pal, and at over 100,000 retail locations.

There is no credit check or chexsystems verification for this card. It also comes with a 30 day money back guarantee.

It works just like a checking account or check card, except you will never pay a late payment fee, over the limit fee, or interest fee again. If you are in chexsystems then this card can save you money on check cashing fees by using direct deposit. Also using bill pay you can save money by no longer buying money orders.

You must be a US resident and able to identify yourself in accordance to the Patriot Act to qualify. In addition you also must be 18 years or older.

In sum the Wired Plastic Visa is a great choice. It works just like a checking account. - 16955

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