Wow. Steep fees, here we go. I haven't seen a processor yet that charges to do a signed point of sale transaction thru a visa/mastercard. You charge $1.25. You limit us to $2500 balance on the card. You limit us to $500 per ATM withdrawal, in which you charge us almost $4 for each one. I never said, just to have an account, the fees are high, I said for the card usage!
I make 50 to 75 card purchases per month, so you're telling me that I should have to pay an additional $62 - $100 just to use your card, on top of the monthly fee, on top of all the others?
And as you can see from the Card fees page:
Quote:
CashX Prepaid Card Transaction Fee Schedule
Transaction Type Services Fees
New account setup fee $2.00
Monthly service fee $2.95
First new account load fee $1.00
ATM withdrawal $3.95
Non-ATM cash withdrawal $10.00
PIN or signature transaction at POS $1.25
Internet transaction $1.25
ATM balance inquiry $1.95
Currency conversion 1.50%
Maintenance per inactive account (after 6mths) $5.00
Replacement card / account $15.00
Balance check request $25.00
Self Internet customer service $0.00
IVR usage $1.00
Live customer service (per call) $2.50
Paper monthly statement n/a
Closed account $4.99
Card Limits Card Limits
ATM daily withdrawals maximum $500.00
POS Daily withdrawals maximum Card Max.
Account Loading/Funding Maximum $2,500.00
Account Balance Maximum $2,500.00
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