Rush Card
If you are one of the many individuals that have difficult with their credit, or if you have difficulties with opening a bank account the rush card may be an alternative for you. The Rush card is a prepaid Visa card offered by Russell Simmons from Defjam that provides you with a card that can be used where ever the Visa logo is displayed, not just in the United states but all over the world. Simmons is one of the most powerful and influential figures in the world and he teamed up to double his influence by using the credit card power Visa.
This card has a wealth of features and abilities that make it a highly versatile tool. You can direct deposit to your card, withdraw money, do point of sale, you can even have your income tax return deposited into it. This prepaid visa card even works for online purchases. It allows you to set the limit by how much money you put on the card. This is certainly beneficial for those people who need to set their own limits on spending in order to be successful.
There are a few fees that are attached to this card that you should be aware of. First, the first time you deposit money a 19.95 fee will be charged automatically to activate it and there is a dollar fee each time a purchase is made as well as a dollar fifty fee for cash withdraws. There is no fee to add money to the card from the card’s end however, if you use a money gram, or a bank transfer fees from each of these services may apply.
You can add money to the card easily through direct deposit, money gram, this involves simply filling out the form with the amount you want to add, putting in your account number, which is also your card number and a receive code. Bank transfers work the same way or you can mail an amount in to the company itself with your account number and they will add to your account. There is a one thousand dollar limit on mailed deposits.
Other benefits to the Rush card is a cash back program and a deposit of five dollars for each friend you refer. The cards come in Black for guys and pink for girls. The application process is simple and easy to fill out by going to rushcard.com The company wanted to make things as easy as possible for potential customers, so the process of applying online is relatively painless.
There are a lot of benefits for having a prepaid Visa card, it is also a great way to control spending and teach young adults the value of careful financial planning and spending. It can even provide a great way to handle allowances. It is also a great way to help out your college age students when they need a little extra for books, or room fees.
The Rush card is a great way to have a Visa card if you have less than perfect credit, deposit your whole check or just a portion each month. Easily withdraw money, make online purchases or point of sale. You can also earn cash back and referral bonuses. The Rush card is also simple to use, simple to get, has low fees and can provide you with a great way to help your children learn about proper money management with limits you can set. These things are invaluable and there is really no way to put a dollar figure on how important the experiences may turn out to be in the long run.
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