• This is ideal card for young adults and teenagers in a market as it is specifically designed to meet their needs in the market place.

• Your ability to combine this card with other gift cards, loyalty cards and programs is a great feature

• The ease with which you can receive money from family and friends as well as other members is truly unique in the market place. Definitely worth checking out and taking advantage of.

When Meta Bank issued the Edo Facecard back in 2008 there were many parents who sat up all over the country to take notice. Here was a card that was unusual in the market in that it was not targeting the high flyers or those who could not get credit but rather the teenage market and young adults. This product is a essentially a low cost prepaid card that is ideal for those parents that want to get a low cost pre paid card for their kids. It comes in a market targeting the 82 million people who fall under this teen and young adult bracket with an estimated spending power of $350 billion a year. They call this spending group “the millenials”. This is safe secure option in prepaid cards that many parents have been waiting for. Let’s now take a closer look at what this Edu Facecard is all about. .
You will be able to use your Edu Facecard wherever you see a debit mastercard sign and it has essentially been designed to create a unique medium of exchange for goods, services and gifting among young adults. There is no doubting the ease with which you can use this card as you will be able to withdraw money from the card in millions of locations around the country and you will have the ability to combine the Metabank Edo Facecard with other gift cards, prepaid cards and loyalty programs.

This payment networking structure has to be one of the strongest and unique features of this card and sets it aside from other credit cards with the ease with which you can gift money to friends and family and send allowances to them. Money can be sent to the card from family and friends, and kids that have the cards can exchange money and gifts among themselves. This card is linked into the internet like no other card out there at the moment as it is advertised on some of the top sites that kids are visiting today. Let’s take a closer look now at the fees and advances involved in being signed up to the Edu Facecard.

With regard to the fees and charges element of the metabank Edu Facecard there are a number of fees which I will list in a moment but the following are free. You can register and load the card for free and you can also load the card from the any source for free. You can also send funds from one face card to another for free.
There are also a number of fees, all of which I will not be listing here but they are worth watching out for, namely, the negative balance fee which comes in around $9.95 and the chargeback processing fee which comes in at $25. If you use the ATM you will have to pay $1.50 and if you have an inactive account you will be paying $4.95.
There is good news here however in that there is free money available from added incentives that are linked to the cards. This comes from things called prewards and edcash where money gets deposited directly onto your card. You will have no need here to go through the usual process of collecting points and coupons and will not have anything to do but wait for the money to come in on your Metabank Edo Face Card.

If you wondering if this card is for your young adult in the family at the moment it’s a good idea to take your time and weigh up the advantages and see how they tally with what you are looking for in a debit card at the moment.
If you want to save your child from the normal pitfalls of unwanted debt that can be associated with the use of plastic this card can be a good option for you. If the funds in the account are not there to meet the purchases your card will be declined, however if you go into an open ended transaction such as renting a car for instance where the final amount is unknown there is the possibility to put the card into the red.

f it’s important to you to teach your child good spending habits and educate them as to the value of money this card could also provide a valuable lesson in how to do this. Rather than trying to control their spending all the time you can use this card to give them some independence by allowing them to spend without the danger of falling into debt. Kids and teenagers can also start to feel more autonomous and independent as they will have greater flexibility with their finances.

If your child is away on a trip or is simply in a situation where they need money you can also take comfort in the thought that you can get them the funds that they need with ease by sending money to their cards.
The global networking feature of this card may also be important as you will be able to set your preferences online as well as loading funds and checking out your balance from anywhere you happen to be.

Lastly there is free money involved here and who could say no to that? The advertisers that are on board with this project are giving away this money to card holders so long as you are part of the scheme.

This card will ultimately appeal to those people who want to give a prepaid card to their teenager or to someone who simple wants good value in a prepaid card. With a global network of outlets where you can access your money coupled with no activation fees, or monthly fees, or transaction fees this card is certainly one that is worth sitting up and taking notice of.

There is probably no better card on the market that is geared towards this age group of people that is offering so much at the moment.