 Wired Plastic Prepaid Visa Card
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Intro APR: n/a
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Issuer: BankFirst
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GET WIRED and enjoy MasterCard® purchasing power without credit crd debt and finance charges. No Credit, ChexSystems, or Employment Checks and No Bank Account Required.
Earn 1 Wired Point™ with every $1 spent. Redeem points for prepaid wireless and calling card minutes on our website. Pay all of your bills (rent, utility, car) with our convenient online ClickPay™ service. Add cash within minutes at more than 40,000 Western Union® SwiftPay® Agent locations and 25,000 InstaPay™ load stations. Receive payroll or government benefits (Social Security, Welfare, Unemployment) directly to your card.
GET Wired Plastic +Rewards and spend wisely, live debt free and earn rewards, it’s the smart way to use a MasterCard®.
Guaranteed Approval Stored Value MasterCard®
- Pay any bill with our convenient ClickPay™ service (Car, Rent, Utility)
- Use anywhere MasterCard is accepted (over 30 million locations)
- Earn 1 Wired Point™ for every $1 you spend
- Redeem Wired Points™ for prepaid Wireless, Internet and Calling Cards
- No bank account or employment verification
- No ChexSystems or Credit Bureau inquiries
- Receive payroll and government checks (Unemployment, Social Security, Welfare, Medicare, Disability, IRS) directly to your card
- Add cash instantly with Western Union® SwiftPay®
- Add cash at over 25,000 locations using InstaPay
- Access cash at more than 1 million ATMs with Wired Plastic +Rewards
- Powerful online account management.
- 24-hour toll-free account information line
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 Apply for Wired Plastic Prepaid Visa Card
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You’ve probably received several credit card offers in the mail, and the outside of the envelopes scream intrest rates and promotional offers to try and entice you into opening it up and looking at what’s inside. Chances are, if you have an email address, you’ve even received a few crdeit crad offers through that address- bright colors and animated graphics trying to convince you that there card has the lowest initial intreest rate, or the longest transfer balance rate of all the available credti cards on the market. All of the offers will look good at first glance; after all- that’s what marketing is about, right? According to Merriam-Webster’s online dictionary, marketing is a noun used to describe “the act or process of selling or purchasing in a market, and the process or technique of promoting, selling, and distributing a product or service.” Credit card companies are in business to sell you their credt cards, and they’ll use a variety of promotional materials to get your business.
The outside of your credit card offer’s envelope might say something like, “LOW 0% Initial Interset Rate on all purchases and balance transfers”, but there is much more to how a crdeit card’s intreest rate is calculated than that statement reveals. Initial intrest rates are sometimes referred to as the card’s promotional rate, or teaser rate. In all honesty, an initial interset rate is basically the same thing for a creit card as a sale is to a retail store. Retail stores advertise their products that have a discounted price for a limited time to attempt to bring people into their establishment to buy the sale item, but also because once you are there, they hope you’ll purchase other products. Credit cards offering initial imterest rates are basically putting their standard interest rates “on sale”, because for a limited time, new cardholders will receive a lower than usual rate on purchases, and sometimes also on any balance you transfer from one of your other credit vards onto this new card. What you need to understand about initial interest rates is that they really are “for a limited time”, and just as you couldn’t go to your favorite store and buy items this month for the sale price that was offered the previous month, you can’t extend a credit card’s initial interest rate beyond the terms they specify (often found in the small print!) What you’ll want to look for in the text of the materials that were sent with the initial interest rate crads promotional documents is reference to the cards ongoing annual percentage rate (APR). This is the imterest rate that you will pay once the initial interest rate period has passed. (The regular price of an item after the sale has ended!)
Initial interest rates will also come with terms of agreement, in the form of a contract, which give reasons as to how or why the rate might be terminated by the creit lender. The most common reason to terminate the initial interest rate offer is for making a late payment on your card, and if you read the fine print of the credit card agreement- you’ll note that it states this very clearly. In order to keep the promotional, lower rate for the time specified by the credit card lender, you must make every payment on time. If you are late with a payment, you can expect the interest rate to jump to the ongoing ARP, or in some cases, higher because you have defaulted on your contract agreements, so do everything you can to make sure your payments are made on time.
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