The BuyRIGHT Prepaid MasterCard is a financial tool available to consumers who have had credit issues in the past or who would like to establish credit in their own name.
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The BuyRIGHT credit card is available to individual customers who have a valid Social Security Number or a Government-issued ID and a verifiable address. The company does not offer cards to business customers. Before a card is issued, the applicant’s personal information is validated before the account is opened.
Read the rest of this BuyRIGHT Prepaid MasterCard review to learn about some of the BuyRIGHT Prepaid card FAQs and decide if this is the best prepaid credit card for you and then either click the apply button above to apply for the card or use our free credit card comparison tool to compare many different cards.
BuyRIGHT Application Fees & Other Costs
The application fee for a BuyRIGHT Prepaid MasterCard is $29.95. When the account is opened, the new customer must load a minimum of $20 onto the card. Since this is s prepaid credit card, the credit limit issued is equal to the security deposit the cardholder provides to the company.
If the card is lost or stolen, the customer should notify BuyRIGHT immediately. The account will be suspended so that unauthorized purchases are not made with it, and the customer will be issued a new card. There is a $15 fee for doing so, as long as the card has at least $20 loaded onto it.
Every time the customer loads some more money onto the credit card, the company charges a fee. To transfer funds to or from a bank account, the customer is charged a $4.95 fee per transaction. Cardholders have the option of having their pay check directly deposited to their BuyRIGHT card at no cost if they wish.
Funds may also be transferred to the card by wire transfer, and will be credited to the account the same day. The fee to do so is higher than with other methods of loading the card and is $9.95.
BuyRIGHT Terms and Conditions
The person who is considering getting a Prepaid MasterCard needs to understand that they are not getting a credit card. They are only accessing funds that they have loaded onto the card, so no credit is involved. The funds on deposit with the BuyRIGHT Prepaid MasterCard are insured by the Federal Deposit Insurance Corporation (FDIC).
The customer is responsible for transactions made using the card. They may choose to add another person to their account if they wish. The second person’s privileges for using the card may be revoked by notifying the company. In that situation, the existing card will be suspended and a new one will be issued.
The minimum amount that can be loaded onto the card is $10. No more than two loads may be added to the card in one day. Customers can also load the card by visiting a participating retailer, paying the amount they would like to have loaded onto the card, and having the store credit the funds to the account. The money is credited to the account within 30 minutes, and a $4.95 fee is charged for each transaction.
Using the BuyRIGHT Prepaid MasterCard
Once the BuyRIGHT Prepaid MasterCard has been issued, the customer can use it in the same manner as any other credit card. It can be used for making purchases online, by phone or in person. The credit limit available to the bcustomer is the amount that he or she has loaded onto the card, less any fees.
Some merchants will allow a cardholder to pay for part of a purchase using the prepaid card and the balance owing by another method. This is called a split payment. That way, the cardholder can still make a purchase even if they don’t have the full amount available to them on their MasterCard account.
This prepaid MasterCard can also be used to pay bills online. The customer simply logs into his or her account to make a payment directly. This is a quick and convenient way to make payments, without having to write a check and put it in the mail.
The online feature means the customer can check his or her account balance and see what transactions have been posted to his or her account. That way, the customer can see exactly how much they have available to them and whether any unauthorized transactions have been posted to the account. If anything is amiss, the customer can contact the company to have the matter resolved quickly.
If you would rather contact a representative via telephone, the BuyRIGHT Prepaid debit card 1800 number is available.
You can compare the terms for different kinds of cards, including the BuyRIGHT Prepaid MasterCard by clicking on the credit card “Chaser” tool on this page.
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