The choice is clear with the FlexClear Prepaid Mastercard prepaid debit card. From simple and clear money management capabilities, great security and ease of loading funds, the Flex Clear prepaid card is an excellent choice. Also, the Scoot(TM) Mobile Money platform can help you get text alerts for balances, deposits, spending and payments due. You can also send and receive money with card-to-card sharing, as well as receive special offers via text messaging. Another great feature is the FREE WellCard(TM) Health Discount Plan offered to FlexCard customers who can save up to 80% on a wide range of health services.
Review of the FlexClear Prepaid MasterCard
Check out many of the offered features below:
- You can load your paycheck onto your FlexClear card
- Load cash and other funds at convenient locations nationwide
- Insured by FDIC just like a traditional bank
- Use everywhere MasterCard debit cards are accepted
- Use at ATMs that display MasterCard Maestro or Cirrus worldwide
- Convenience / easy access – no more standing in lines for check cashing
- Improve money management capabilities
- Pride of ownership to possess financial instrument
- Manage money online or on your phone
- Get additional family/friends cards linked to primary card
- Share money with family cards
- No hidden fees
- Economical mobile management using any phone***
** Everyone is eligible for a card with verification US-address and identification information.
***Your mobile service provider may charge additional fees for texting based on your mobile plan.
How We Rated the FlexClear Prepaid Mastercard
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Rating Explanation
FlexClear Prepaid Mastercard
4
GetDebit.com Editor
For those cardholders that do a lot of shopping or like the flexibility of card-to-card money transfer with their family, the FlexClear Mastercard has great value. The Better Business Bureau gives high marks to the program manager, The Tyburn Group, as well as the card issuer, First California Bank which means customer complaints are dealt with in a serious manner. FlexClear has decent fees, bill pay, customer service and load options. There are lower fees out there, but other features including abundant load options and the health discounts/rewards program might provide some added value.
For those cardholders that do a lot of shopping or like the flexibility of card-to-card money transfer with their family, the FlexClear Mastercard has great value. The Better Business Bureau gives high marks to the program manager, The Tyburn Group, as well as the card issuer, First California Bank which means customer complaints are dealt with in a serious manner. FlexClear has decent fees, bill pay, customer service and load options. There are lower fees out there, but other features including abundant load options and the health discounts/rewards program might provide some added value. |
FlexClear Prepaid Mastercard Fee Examples
Want to know how much the FlexClear Prepaid Mastercard might cost you to use in a typical month? We have crunched the numbers for you! We also show how FlexClear Prepaid Mastercardstacks 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 FlexClear Prepaid Mastercard*
| Activation Fee: | $6.95 |
Card Limit: | $10000 |
| Monthly Fee: | $3.95 |
ATM Withdrawal:** | $2.00 |
| Signature Transactions:*** | $0.00 |
ATM Balance Inquiry: | $0.50 |
| PIN Transactions:*** | $0.00 |
Bill Payments: | $0.95 |
For domestic signature or PIN POS purchases, the FlexClear Master Card is great as those transactions are FREE. for those who get cash from ATM's frequently, you might want to be careful - and there is an even higher charge for using the Allpoint ATM Network. Although there is an activation fee, the monthly fee is very competitive. The card's fees are disclosed well, but there are some fees you need to watch out for like paper statement fee, IVR fee (live customer service is FREE), card re issuance and account closure fee. Apparently, the monthly fee is not waived as with other cards offering direct deposit. You also need to be careful there is sufficient funds in your account before you use the card as there are signature and PIN POS decline fees. Be sure to check the cardholder agreement to make sure fees are in line with your needs.
Notes:
* Fees verified as of 11/10/2011. 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 FlexClear Prepaid Mastercard in a "signature" transaction, select "Credit" when checking out at a brick and mortar merchant. Most internet transactions are automatically processed as "signature" transactions.
FlexClear Prepaid Mastercard Card Options
For $10.00 (one-time fee), you can order a companion card for your family or friends with NO monthly maintenance fee. Card-to-Card money transfers are available for a small fee.
Here are GetDebit’s “Low Fee Tips” for this Card
You can avoid fees with the FlexClear prepaid MasterCard if you use it wisely.
Tips for Using The FlexClear Prepaid MasterCard
