The Black Diamond RushCard is a prepaid debit card offered through the Visa network brand. Use your Black Diamond card rather than racking up debt and paying high interest charges on a credit card. Expensive Check-Cashing and Overdraft Bank Fees can be a thing of the past with the RushCard. The RushCard Black Diamond Visa Card is a popular version of RushCard, and you can choose the “pay monthly” plan if you intend to use the card frequently, or select the “pay as you go” plan for less frequent use.
Review of the Prepaid Visa(R) Black Diamond RushCard
The Black Diamond RushCard prepaid Visa card can assist you in planning, budgeting, tracking and saving you money. Loading money on your prepaid RushCard is simple through direct deposit, cash loads, PayPal, Check or Money Orders, Bank Transfers or even Tax Refund Check deposits. And you can use the Black Diamond card in various ways including ATM withdrawals, online bill pay, getting cash back from a merchant, PIN or signature Visa purchases over even sending a paper check to anyone. Check out these great benefits and features of the Black Diamond RushCARD.
- 100% Guaranteed Approval* – No Credit Check
- Free Direct Deposit – sign up now and have a safe place to put your tax refund
- Only card that lets you change your fee plan whenever you want to
- Free prescription discount card
- Easy Bill Pay – pay bills, rent, or write personal checks
- Card to card transfers
- Apply Now!
How We Rated the Black Diamond RushCard
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Rating Explanation
Black Diamond RushCard
4
GetDebit.com Editor
The Black Diamond RushCard uses the "pay monthly" plan option from RushCard, which has a number of great features and provides a very good value for people who use the card as a bank account replacement. The company behind the RushCard line of prepaid Visa cards (UniRush LLC) has an good BBB rating, and has great experience in running and building prepaid card programs. We like the clean website and good fee disclosures with this card, and the number of features available make it a great bank-replacement product. If you will be using the bill pay features heavily, you may want to check out other cards, as this card charges a $1 fee for every bill payment, which can add up. Check the Black Diamond RushCard Visa card out, we think you'll like it. It stacks up nicely among the top prepaid debit cards.
The Black Diamond RushCard uses the "pay monthly" plan option from RushCard, which has a number of great features and provides a very good value for people who use the card as a bank account replacement. The company behind the RushCard line of prepaid Visa cards (UniRush LLC) has an good BBB rating, and has great experience in running and building prepaid card programs. We like the clean website and good fee disclosures with this card, and the number of features available make it a great bank-replacement product. If you will be using the bill pay features heavily, you may want to check out other cards, as this card charges a $1 fee for every bill payment, which can add up. Check the Black Diamond RushCard Visa card out, we think you'll like it. It stacks up nicely among the top prepaid debit cards.
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Black Diamond RushCard Fee Examples
Want to know how much the Black Diamond RushCard might cost you to use in a typical month? We have crunched the numbers for you! We also show how Black Diamond RushCardstacks up against some common alternatives so you can see if you would save money using this card. Please remember -- cost should NOT be the only reason why you pick a card -- make sure to consider the card's features (some cards have more features than a typical bank account).
To see different scenarios, change the following variables.
Note: * Based on a U.S. Average check cashing rate of 4.54% (per the Brookings Institution),
**Using the Money Order fees from the U.S. Post Office (Some of the lowest available),
*** We assume that 1/2 of your in-store purchases will be made using your PIN,
****A LARGE portion of Americans experience at least 1 overdraft each Month. Also note that the Check Casher CANNOT buy items online, and must use cash for all purchases.
Fees Associated With The Black Diamond RushCard*
| Activation Fee: | $3.00 |
Card Limit: | $9,999 |
| Monthly Fee: | $9.95 |
ATM Withdrawal:** | $0.00 |
| Signature Transactions:*** | $0.00 |
ATM Balance Inquiry: | $0.50 |
| PIN Transactions:*** | $1.00 |
Bill Payments: | $1.00 |
The RushCard "pay monthly" program is designed for people who use their cards relatively infrequently. If you have higher monthly usage needs you may want to consider the RushCard "pay as you go program" (associated with their
BabyPhat Visa and
RushCard Plus cards). There are also a few fee "gotchas" to watch out for. First, always choose signature debit at point of sale terminals -- the PIN option will cost you an extra $1 per transaction. Next, watch out for some of the fees for "expedited" service (like lost card replacement), as they add up fast.
With the Black Diamond RushCard, you get two (2) FREE ATM Withdrawals each calendar month. There is a charge of $2.50 for each ATM withdrawal after first two (2).
Notes:
* Fees verified as of 08/15/2010. Check the Current Terms & Conditions for a list of all the fees.
** Some ATM operators may charge a fee for use of their ATMs in addition to this fee.
*** To use your Black Diamond RushCard in a "signature" transaction, select "Credit" when checking out at a brick and mortar merchant. Most internet transactions are automatically processed as "signature" transactions.
Black Diamond RushCard Card Options
RushCard provides two main fee options for their cards: a "pay as you go program" (which the RushCard plus Visa card uses), and a "pay monthly" program (which the Black Diamond and Purpose Diamond Rushcards use). Each fee program has two card designs available. The "pay as you go" program has the Pink BabyPhat card, and the classic RushCard plus Visa card. The "pay monthly" fee program allows you to choose between the "Purple Diamond Rushcard" and the "Black Diamond Rushcard". All of the cards look cool.
Here are GetDebit’s “Low Fee Tips” for this Card
Many prepaid cards, including the RushCard Prepaid Visa Cards, have fees that can be avoided with careful use. Here are a few tips to minimize your monthly fees and costs associated with the prepaid Visa RushCards in the Rush Card pay monthly program.
- First reduce the number of ATM withdrawals you make. If you need $200 of cash for the week, take that whole amount in one withdrawal from the ATM (assuming you have enough funds in the account!). Don't withdraw $20 or $40 at a time (the fees add up FAST). Also, the pay monthly program charges you an extra $2.5 for each ATM withdrawal (after the first two each month) -- this can add up quickly, especially since most ATM providers charge an extra fee on top of what Rush Card charges.
- Save paper. Don't order paper copies of your account statements. The RushCard prepaid Visa (like many prepaid issuers) charge you extra to receive statements by mail. Why not save a tree and save yourself some money?
- Treat your card like a checkbook. Don't try to take money out when you don't have it (you won't get an overdraft charge, but you could get a "decline" transaction at an ATM).
- Avoid the need for special fees, like stop payments on bill pay transactions, or special customer service.
- ALWAYs use direct deposit (it's good for the planet since it reduces paper, it's good for you, and it's good for your bank account).
Tips for Using The Prepaid Visa(R) Black Diamond RushCard
