BuyRIGHT Pre-Paid MasterCard®

Free Direct Deposit On-Time Monthly Payments Reported To 2 Major Credit Bureaus Free Account Activity Alerts Flexible Fee Structure

Review: The BuyRIGHT Pre-Paid MasterCard® Card, issued by MetaBank, is a stored value card designed for those who would like to take advantage of the reward program and the shopping membership that this card has to offer. This stored value card does require payment of an initial load of $20. Funds may be loaded onto the card in numerous ways and although fees do apply to most funding methods, there is no charge to fund the card via direct deposit. Funds loaded to the account are available for future purchases made with the card. The card has a $29.95 account set-up fee, and cardholders have the option of choosing between paying a monthly fee of $7.95 or paying no monthly fee with a per transaction fee of $1. If the cardholder plans to make at least eight card transactions per month, it would be beneficial to pay the monthly fee. Any more than eight transactions would result in fees that would exceed the set monthly fee. Once approved, the cardholder is automatically enrolled for a free BuyRIGHT Membership. The membership allows customers to make purchases online at the BuyRIGHT Marketplace through a pre-approved $5,000 line of credit. The $5,000 credit line available for this membership is separate from that of the BuyRIGHT Pre-Paid MasterCard® Card. It is important to note that a 25% deposit is required for BUYRIGHT Membership merchandise purchases. BuyRIGHT will report timely payments on the Membership credit line to two of the four major credit bureaus on a monthly basis. Through the BuyRIGHT Rewards Program, cardholders earn one point per dollar on general purchases. No yearly limit or expiration applies to these points. Cardholders can redeem points for ring tones, music downloads, pre-paid wireless airtime, and calling cards. Therefore, those who are looking for a low cost option to build credit and would like to take advantage of the BuyRIGHT shopping membership and rewards program may find the BuyRIGHT Pre-Paid MasterCard® Card to be more than adequate.

Date of Review: 2006-04-08 00:00:00

Notes: **Cardholders have the option to choose between a monthly fee of $7.95 or no monthly fee with a pay per transaction fee of $1. ***If the cardholder uses the option to pay a $1 fee per transaction rather than pay the monthly fee, the total basic fee for the first year would be $29.95. No credit checks or turndowns. No employment verifications. Reports your account to two of the four major credit bureaus on a monthly basis. Must be at least 18 and a U.S. citizen or permanent resident. Although residents of HI and AK can apply for the card, merchandise can only be shipped to the 48 contiguous states. BuyRIGHT requires a 25% deposit for merchandise purchases. See website for complete terms and conditions of card usage and application disclosure.

Additional Perks: Various Internet account related services. Free BuyRIGHT Membership. Access to BuyRIGHT Rewards program. Access to the CreditRIGHT payment program. Free subscription to BuyRIGHT's quarterly catalog. Auto payment option. See website for additional benefits.