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Friday, December 5, 2008

Wired Plastic Card - Review

By Dan Moskel

This is a prepaid debit card. With the Wired Plastic Visa you deposit money on your card and then you use your card to make purchases or withdraw cash.

It is accepted over the phone and online. You card can be used anywhere you see the visa logo displayed.

You can sign up for free account alerts via text messaging and e-mail. This card can be used to book hotel reservations or rent a car.

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

You can redeem these points at participating retailers, this includes; Cingular, T-Mobile, Verizon and more. Your points can be redeemed for; ring tones, music downloads, and toward your account balance.

This card is issued by Bankfirst and it offers free direct deposit. There is a low $3.95 monthly fee compared to the competition which ranges from $9.95 to $19.95 a month.

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.

Your card will act just like a checking account. If you are in chexsystems it will eliminate the need to purchase money orders or pay check cashing fees.

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 we do suggest the Wired Plastic prepaid visa. It is a great alternative to carrying cash.

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