The Tyburn Group Inc, a global solutions provider for prepaid card products and services, recently announced the immediate release of the FlexClear Prepaid MasterCard. According to the release, the FlexClear card is a flexible, reloadable prepaid card that can be used everywhere MasterCard debit cards are accepted. The flexibility of the card includes free signature and PIN purchasing power, an online bill pay feature and ATM withdrawal access anywhere displaying the MasterCard, Maestro or Cirrus brands.

Other features mentioned in the press release include card-to-card money sharing, no pesky check cashing fees and thousands of retail reload locations available across the country through Green Dot, Allpoint, MoneyGram and Western Union. Tyburn also touts their secure text messaging platform labeled Scoot(TM) Mobile Money and the FlexClear Wellcard(TM) Health Discount Plan where cardholders can save up to 80% on a wide range of health services.

Deborah Davis, Chief Operating Officer of The Tyburn Group said:

“As large banks seek higher fees from consumers who use debit cards, reloadable prepaid cards such as FlexClear offer a way for people to manage and share their money in an easy, cost-effective, and secure way. The FlexClear prepaid card has the security and consumer protection features that have historically only been available to consumers opening an account at the nearest branch office of a traditional financial institution. In addition, we believe this is the first card of its kind to offer both health discounts and rewards for cardholders.”

The bank issuer of the FlexClear card is First California Bank. The Better Business Bureau scores both The Tyburn Group and First California Bank with high marks which shows a greater propensity for the companies to provide stellar customer service. A quick glance of FlexClear’s fee schedule and cardholder agreement indicates fees are competitive and well disclosed although anyone considering purchasing a prepaid debit card should always take some time and compare prepaid cards.