A friend of mine is looking at the Eclipse Prepayment Mastercard - anyone with thoughts on the benefits of having one of these rather than others ?
Chris
Chris .. I saw this article today which may interest you:
Thanks David. I will pass it onto my friend who has yet to decide which card to go for.
The Escape Prepaid Mastercard is working well so far for me.
I have had to load cash at the local Phones4U outlet, transfers from our HSBC account can't be done at the moment until HSBC setup the option to allow you to do this - this is being progressed.
When its done it will cost 99p a transfer money - going to our local Phones4U outlet costs nothing to load money so maybe I will keep doing this, well 99p is 99p ! Perhaps you can tell my distant relatives come from Kelso Scotland and I now live in Yorkshire !
The first load was for £500 and the Phones4U system at that time would only allow £50 in one go - so they took a while to do the £500 but it happened ok and at no cost to me. Last week we put on another £300 and their systems have been changed to do this in one go.
I have used it 3 times to book Ryanair flights online and no issues at all.
There have been no transaction / booking fees charged by Escape when I have booked the flights. I only need to make sure I 'do' something within 3 months or the inactivity charge of £1 a month kicks in. Well that will never happen.
Anyone else any feedback on their Prepaid Mastercards ?
Chris
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Edited by
TFS1
2010-02-01 13:09:09
As you will note earlier in the Thread I use a Prime Card you can top this up at our local Spar,wouldnt use anthing else now after having my card cloned 3 times,I can load upto 3grand onto it,I use it when buying online ect.Stops you from running up massive bills.
I've just used my Ice prepaid mastercard for the first time, to book some Ryanair flights. The transaction went smoothly and it saved me £30 in booking fees.
We actually managed to get two personalised cards free rom phones 4 U
Our son was negociating the renewal of his phone contract and we happened to mention that we were interested in the cards - threw 2 cards into the deal gratis ........
John
HSBC have now added 'Tuxedo Mastercard' to their list of Mastercards so you can now move money (free!) from your HSBC bank account into your Escape Mastercard.
Tuxedo are the company managing a number of prepaid cards and Escape is one of them.
Chris
ps John123 - its always nice to get something free - well done !
Not actually tried a transfer rom a debit card yet.
I then went onto my HSBC account and did a transfer to the Escape account without any issues.
I understand that doing a debit card transfer from the Escape account costs 99p but if you move money into the Escape account from your Bank account its free.
Chris
We have a local phones4u so looks like I willbe heading there tomorrow .
I have enough money here in cash for my flights that will be £116 but dont want to pay another £40 extra in booking fees. Now do I need to go and pick up the card first , go home and activate it and then go back and top up or can I do it all in one visit .
Bearing in mind it's going to cost me to get it i'm probably being a bit tight here at the prospect of saving £20-30 and it seems a lot of hassle if I need to make 2 trips but i'm all for avoiding giving ryanair my money so I can say I've got a bargain and had one over on them keeping at least £20 in my pocket .
lyn
I'm sorry but I can't answer your question regarding loading your card at purchase but the guys at Phone4U I'm sure will be able to help. Or maybe one of our fellow contributors would be able to assist before you set off tomorrow.
A condition is that the card needs to be 'active' at least once every 3 months or a charge of £1 a month as a dormancy fee is added.
Given the intial 'in-store' cost of around £10 I would suggest booking a couple of flights a year would make it cost effective ie loading money and spending it ! anything less the savings, clearly (and I know its stating the bleeding obvious !), would be less.
Regards, Chris
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Edited by
TFS1
2010-05-08 21:05:47
We always use Ryanair at least once or twice a year so I'm happy to pay the £10 and I can top it up a little in between to stop the £1 fee.
On reflection as a payment card it can be used for any purchase and of course not just for flights so the dormancy charge shouldn't be applied if its used in supermarkets etc just to 'do' a transaction once in a while etc and save the £1 monthly fee.
Chris
I'm assuming "active" means either a top up or purchase Chris ?
It was all very simple . Headed down to phones4u early to get my escape card .Must say they were very helpful and knowledgeable about why I was doing it .Paid the £20 (one off £9.99 charge for the card which lasts 3 years + £10 mandatory top up) . They activated it there and then before I added the remainder to give me enough for my flight booking . Came out checked my balance in the machine accross the road . It was all on the card and home I came to book . All done within the hour . I'm very pleased as we have a holiday booked to scotland for Oct half term at a good price with brilliant flight times and I have avoided their £40 credit card charge .
Ok I know the card has cost me £10 but I have saved £30 alone on that booking and the full cost on any subsequent bookings over the next 3 years until the card expires.
Ill repeat this over on the Ryanair topic for anyway that doesnt see here .
Thanks for all your Help Chris.
Hi lyn,
The £1 a month dormancy charge comes into force when the following applies.
A period of 90 consecutive days in which no money has been loaded onto or taken off the card by the customer.
Regards Chris
I'm going to mark the date on my calender Chris to top up if I havnt used it again by then .. I've still got a little bit on there so I can always go and buy a cup of coffee in starbucks with it in 3 months time if we havnt .
Ordered mine this morning
Just preparing for a week in Majorca next month although shouldn't need a lot of money as we are all inclusive
Alan
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