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Archive for March 11th, 2009

2009
11
March

Review of the Prepaid FaceCard Credit Card

'font-style:italic;' class='uawbyline'>by Dan Moskel

The Facecard prepaid MasterCard is a debit card, which means that in order to use it to make purchases, you must first deposit money on the card.

To load your card you must deposit $10 or more, with a maximum balance of $2500. You can load money through bank transfers and with their ach network at no charge. Other methods are available but at a fee.

Many parents use this card to teach financial responsibility to a child because they can access all of their childs account information.

The maximum daily ATM withdrawal limit is $200. ATM transactions also incur a $1.50 ATM fee in addition to the banks ATM fee. The card has free activation and no monthly fees.



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