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Fee Freedom Mon, Oct 5, 2009 AddThis Social Bookmark Button

By Michael McKinstry, CardTrak.com

Competition continues to push down fees associated with prepaid general purpose credit cards. The "Freedom MasterCard" is now offering a no monthly fee plan for some of its cash loading customers. The Company will waive its monthly fee when customers deposit either $350 a month or more by direct deposit or $700 or more in cash each month. For consumers that don’t meet the monthly deposit minimum, Prepaid Card Holdings charges only $5.95 per month. With a 100% guaranteed approval policy (subject to verification of ID) insures that anyone, regardless of credit history or employment status can get a branded prepaid debit card account. For more information visit http://www.bankfreedom.net