PXN

Anyone got one of these new EasyBuy or Vector CashX card yet?

https://www.cashx.com/prepaidCards

Chosen

Looks interesting!
What bank provides Vector cards?

Chosen

Also there are no information about Vector card fees...
EasyBuy card fees are bit high at my opinion...

Klen

Yes indeed unless you are in country with EUR as currency then it's really cheap.

PXN

I spoke with CashX, the Vector card I believe cost a one time fee yearly fee of $89 and no fee with unlimited use such as cash withdraw, point of sales, etc. That what I was told but CashX should confirm it here.

Given the average card fee cost $45 then that mean you are paying a $44 more for the card (using paxum price) BUT the use of the card is UNLIMITED and no fees so if we use Paxum fee as a benchmark - $2 for ATM and $1 for POS.

Then let assume only ATM withdraws then with $44/$2 for each withdraws translate into 22 transaction per year.

22 transaction / 12 month = 1.8 or say 2 transaction a month.

I took out a min of 2 transaction a month (most of programs paid me bi-weekly via CashX) but was afraid to use the POS due to fees. Now with this new card not only can I have unlimited use for ATM and POS but the limited is higher ($2500/day withdraw and loading of $5,000 per day) this would make it attractive as to wire alternative from programs where I get paid out over $1K.

In short $89 bucks and use it all you want is a load shit of cheap fees! Imagine withdrawing and using the card as much and as many times as you want for just 90 bucks a year. That a helluv a card.

PXN

In CashX there is a currency exchange panel that you can exchange USD to Euro before deposit it into the card. I did use the exchange once and It pretty low. I'm not sure but I don't think they charge any fee for exchange rate, but it pretty low if any charges are apply.

What I like about this card though is the max is $50,000 Euro, higher than any card I know of out there. Also it in euro so I guess it must be very attractive to those in Europe.

djroof

not me ....

Klen

They do charge for currency exchange,that depend on their bank rate.