[/ccLink]BuyRIGHT Pre-Paid MasterCard®
The BuyRIGHT Pre-Paid MasterCard®, issued by MetaBank, is a stored value card designed for those who would like to take advantage of the rewards program and the shopping membership that this card has to offer.
This stored value card does require payment of an initial load of $10. Funds may be loaded onto the card in numerous ways, and although fees do apply to most funding methods, there is no charge to fund the card via direct deposit. Funds loaded to the account are available for future purchases made with the card.
The card has a $9.95 one-time activation fee, and cardholders pay a monthly maintenance fee of $7.95.
Through the BuyRIGHT Rewards Program, cardholders earn one point per dollar spent on general purchases. No yearly limit or expiration applies to these points. Cardholders can redeem points for ring tones, music downloads, prepaid wireless airtime, and long-distance calling cards.
Cardholders will also have access to the BuyRIGHT Cash Back referral program, which will reward them with $5 if they sign up for direct deposit within 30 days and $25 for every cardholder that they refer.
Therefore, those who are looking for a low cost option to build credit and would like to take advantage of the various programs may find the BuyRIGHT Pre-Paid MasterCard® to be more than adequate.
BuyRIGHT Pre-Paid MasterCard®
| Name of Card | BuyRIGHT Pre-Paid MasterCard® |
| Card Issuer | MetaBank |
| Card Category | Prepaid |
| Card Status/Type | Standard / MasterCard |
| Credit Rating Needed | No credit check requiredAll Credit Types |
| Best Feature(s) | No APR; no annual fee. |
| Minimum Credit Limit | n/a |
| Maximum Credit Limit | $2,500 per day |
| Minimum Deposit | $10 |
| Maximum Deposit | $2,500 per day |
| Introductory APR | % |
| Introductory Offer | No Introductory Rate Available |
| Cash Advance Fee | $2 for U.S. ATM withdrawal; $5 for international ATM withdrawal; $4.50 for bank teller cash withdrawal. |
| Application Fee | $9.95 Activation Fee |
| Participation Fee | 95.40 ($7.95 monthly)** |
| Reload Fee | $0 for payroll direct, $4.95 for In-Person Payment, $9.95 for a wire transfer. |
| Total First Year Fees | $105.35**** |
| Reward Type | Point |
| Reward Expiration | None |
| Reward Annual Limit | None |
| Reward Points Details | Points are redeemable for ring tones, music downloads, long distance calling cards, and prepaid wireless airtime. |
| Points per Dollar Spent | 1 Point |
| Additional Perks | Various Internet account related services. Access to the BuyRIGHT Cash Back program, which rewards cardholders with $5 when they sign up for direct deposit within 30 days and $25 for every cardholder that they refer. Auto payment option. See website for additional benefits. |
| Editor’s Notations | **Cardholders pay a monthly maintenance fee of $7.95. The cardholder also pays a one-time activation fee of $9.95. No credit checks or turndowns. No employment verifications. Cardholders who choose to participate in the Credit Building Program will have their monthly payment history reported to at least one major credit bureau. Must be at least 18 and a U.S. citizen or permanent resident. Although residents of HI and AK can apply for the card, merchandise can only be shipped to the 48 contiguous states. See website for complete terms and conditions of card usage and application disclosure. |
| Last Updated | Jan 26 2012 12:00AM |
