• You can control your finances with this prepaid card and not build up debts on it as you will be preloading the card with the amount that you have available to spend and cannot go over this amount.

• There is a great bill pay feature that is fast and efficient with no charge attached to it.

• You can benefit from other members spending money on their cards once you have referred them to the company.

If you’re finding it hard to get credit, have a problem with your credit history or simply want to steer clear of a regular credit card the First Vineyard Prepaid Master card from Bankcorp Bank maybe the way to go for you. This card provides a simple and easy way to get set up with plastic in your pocket without having to endure a lengthy application process or pay high fee rates to get up and running. You account can be opened with as little as $20 and you can load up your card with $2500 in order to get started. Even if you are having credit difficulties you can now participate in a card scheme that has cash back facilities and a unique reward scheme. Let’s take a closer look now at what you will be getting.

When you first get started with the First Vineyard Prepaid MasterCard you will find that the fees and rates are very reasonable. You will initially incur a onetime processing fee of $39.95 and you will then be paying a monthly allowance of $6.95. The good news here is that you can transfer money in from many sources without paying the normal fee attached to similar cards. In other words you will be able to transfer money in from the likes of PayPal, money and cashier orders, or direct from PayPal and not be liable for the normal fees. There is also a great online account management system called click and pay where you can log in and pay any bill you wish to online in a fast and efficient manner.

efore I go into any further detail about the First Vineyard Prepaid MasterCard I need to talk about the unique referral scheme that is available on this card that makes it stand out in the market. If you make a referral of this card to someone else and they start to use the card you will receive $25 as soon as they become a card holder. There is more here though by way of bonuses in that you can also earn money when they start to spend with the card. In order to qualify for bonuses on other peoples spending you first of all need to get three new card holders to activate their account and then you will need to get a personal group spending volume (or pgsv for short) of $1000. The PGSV will be made up of yourself and 2 other members that are not yet eligible to get compensation. The more people you refer the card to the more members that will be in your compensation tree and the more potential money that you can earn. As more members join that you have referred the card to you will automatically be entitle to more bonuses based on a percentage of what they are spending coming in at .0007 of whatever level of spending that they are at. You will be limited to 100 referrals that you can add to your list but the good news is that you there is no limit on potential earning through the program and your earnings will not expire.

There are also other ways in which you can get money back when you use the First Vineyard Prepaid MasterCard. The first vineyard marketplace is the online store that is associated with this card and you will receive compensation cash back if you decide to use this store to make your online purchases. There is an also a portion of the sale that is returned to the vineyard marketplace pool where it is divided among the members that qualify. You will automatically be part of the qualifying group if your members have spent more than $50 in that month in the online store. The bottom line here is that is in addition to saving money on things like check cashing fees and money orders you can be actually increase your income each month by using this card.

You may be wondering at this stage if this card is really for you so lets do quick synopsis of things here and see if we can make things any clearer for you.

This card is going to spark your interest if you are in trouble with your credit rating at the moment or you simply don’t want to incur any further credit card debt. If you like more autonomy over your finances then it will appeal to you. The transactions are not however reported to the credit bureau so if you are trying to re-build your credit at the moment this may not be for you.

If you are currently using a debit card though and are sick of the fees that you may be paying for loading up the card you will be pleased with the variety of free ways in which you can put money onto your card from a variety of sources and locations for free.

If you feel there are people with your peer group that could benefit from the features that this card has to offer you are in a position to cash in here too and start to recommend that card to them. When you do you can start to build your group and can get very significant dividends for them when they start to spend.

You will also not be subject to the normal fees that are associated with sales transactions on debit cards so if you are trying to chose between the First Vineyard Prepaid MasterCard and other debit cards on the market you will need to take this benefit into consideration.

If the idea of debt free living, receiving compensation from your friends when they spend money and being able to load your card for free and pay bills with great ease online sounds attractive to you then this is one debit card that you must not let pass you by. Its unique features in a world of debit cards that are quite generic makes it stand out from the crowd for the all the right reasons.