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Monday, December 8, 2008

Wired Plastic Visa - 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.

Your card is accepted both online and over the phone. It is also accepted everywhere you see the visa logo.

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.

A very unique benefit of this card is they have a rewards program. You will earn 1 point for every dollar spent using your card.

These points can be redeemed with participating retailers including; T-Mobile, Cingular, Verizon Wireless and more. These points can be redeemed toward your account balance, ring tones, and music downloads.

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 paper checks to pay your bills. This will eliminate your need to purchase money orders. You can also deposit money on your card through 100,000 retail locations and use pay pal or a bank account transfer.

You are guaranteed to be approved for this card. There is no chexsystems verification or credit check. It will come with a 30 day money back guarantee which can be used for any reason.

This card is very similar to a check card and checking account. If you are in chexsystems then it can save you money on check cashing fees and buying expensive 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 we do suggest the Wired Plastic prepaid visa. It is a great alternative to carrying cash.

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