Rush Card - Review
The baby phat rush card is a prepaid credit card. It was created by Russell Simmons he co founded the popular Def Jam record label.
This is how the rush card works; you deposit money into your card/account, then you use your card to make purchases, money is taken out of your account to pay for those purchases. This card does offer guaranteed approval.
There is no credit check or chex systems verification. You can have a card issued to you in black or in pink.
This card does give you free direct deposit. To use this you will only have to fill out a form and turn it into your employers' payroll department.
Then your paychecks will be directly deposited into your rush card account. You will still receive pay stubs to inform you of hours worked and what your deposit is.
If you are in need of cash this card can be used at over 800,000 ATM's world wide. You also have free online account access.
You card can be used to make purchases over the phone and online. In addition your rush card allows you to write physical paper checks.
To use this feature you visit the website and input the person or business that you want to write a check to. This includes name, amount of payment and address.
Then a physical check in your name is sent to the payee. This is a great way to pay your bills, no more buying money orders.
With this service and direct deposit you will also save money by not having to pay for check cashing fees.
However, we do not recommend the baby phat rush card. This is because they have many fees that other prepaid cards do not have.
For example the rush card charges you a convenience fee. A convenience fee is simply a fee for using your card.
The charge for this fee is $1.00. There is a maximum charge of $10.00 a month however you will be charged this $1.00 fee every time during that month.
Only at the end of a full calendar month will the extra convenience fees be refunded to you.
That can end up being a full 2 months before you are refunded. This is unbelievable especially because many of us use are card more than ten times in a month.
Furthermore to be charged for every purchase you make seems outrageous. Then to have to wait for a full calendar month to expire before you are issued your refund is unbelievable.
Also with the rush card in order to use bill pay you must pay $2.00 and then an additional $1.00 for every check you write. There are many prepaid cards that offer this service for free.
The rush card says there are no hidden fees with their card. Yet you get charged every time you use your card. The rush card carries the most fees of any prepaid card we have reviewed.
In sum, we do not recommend the rush card to anyone. There are good prepaid credit cards; however this is not one of them.
This is how the rush card works; you deposit money into your card/account, then you use your card to make purchases, money is taken out of your account to pay for those purchases. This card does offer guaranteed approval.
There is no credit check or chex systems verification. You can have a card issued to you in black or in pink.
This card does give you free direct deposit. To use this you will only have to fill out a form and turn it into your employers' payroll department.
Then your paychecks will be directly deposited into your rush card account. You will still receive pay stubs to inform you of hours worked and what your deposit is.
If you are in need of cash this card can be used at over 800,000 ATM's world wide. You also have free online account access.
You card can be used to make purchases over the phone and online. In addition your rush card allows you to write physical paper checks.
To use this feature you visit the website and input the person or business that you want to write a check to. This includes name, amount of payment and address.
Then a physical check in your name is sent to the payee. This is a great way to pay your bills, no more buying money orders.
With this service and direct deposit you will also save money by not having to pay for check cashing fees.
However, we do not recommend the baby phat rush card. This is because they have many fees that other prepaid cards do not have.
For example the rush card charges you a convenience fee. A convenience fee is simply a fee for using your card.
The charge for this fee is $1.00. There is a maximum charge of $10.00 a month however you will be charged this $1.00 fee every time during that month.
Only at the end of a full calendar month will the extra convenience fees be refunded to you.
That can end up being a full 2 months before you are refunded. This is unbelievable especially because many of us use are card more than ten times in a month.
Furthermore to be charged for every purchase you make seems outrageous. Then to have to wait for a full calendar month to expire before you are issued your refund is unbelievable.
Also with the rush card in order to use bill pay you must pay $2.00 and then an additional $1.00 for every check you write. There are many prepaid cards that offer this service for free.
The rush card says there are no hidden fees with their card. Yet you get charged every time you use your card. The rush card carries the most fees of any prepaid card we have reviewed.
In sum, we do not recommend the rush card to anyone. There are good prepaid credit cards; however this is not one of them.
About the Author:
Instead we suggest the account now visa they offer free activation, free direct deposit, free credit builder & free bill pay. However if you still want a rush card then visit baby phat rush card.
posted by Credit Counseling at
10:11 AM
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home