Wired Plastic Card, Is it Right for Me?

Are you just fresh off college? Or in your first job? Then most likely you haven’t built a credit history yet. Or you may have been affected by the job slowdown and unemployment and you haven’t been able to pay your credit cards and mortgage payments, bringing down your credit rating. It’s a common occurrence nowadays. And the credit card companies aren’t inclined to approve applications for people like you. But it’s nothing to lose sleep over. In fact, not being granted a credit card may be the best thing that could happen to you now.

Enter the Wired Plastic card, “Is it right for me?” you ask. Let’s examine the features closely and find the answer to your question.

The Wired Plastic is a prepaid card issued by Bancorp Bank and regulated by the Visa Inc, a multinational financial services company. It’s not your usual credit card; it’s a prepaid card that you have to load funds into so it’ll work for you. Getting the card is easy: go to www.wiredplastic.com and fill up the online form or call customer service at 1 (801) 383-1003. There are very basic requirements you must meet to qualify for the card:

• A US resident
• 18 years old or above
• Social Security number
• A physical address

You don’t go through a credit check, there are no bank account requirements and as long as you meet the above criteria, your approval is a done deal. Upon verification of your identity, the card will be mailed and you should get it in 7-10 days. Activate the card by calling the toll-free card account information line at 1 (866) 335-4784 and using the phone number you wrote down in the enrollment form. Load the card with cash and you’re ready to use it.

The Wired Plastic prepaid card can be loaded in many ways. There are options for free reload services and there are reloading methods with a fee. The Direct Deposit is the most well-known free loading option. Sign up for it and reload is free. Direct deposit your paycheck, state and federal government benefits checks and other sources of income, such as commissions, and you get the money on the same day. Reload via Western Union for a $3.95 fee and at MoneyGram for a $4.95 loading fee.

You can use your Wired Plastic card in any store or establishment that honors the Visa logo, which means practically all stores. Shop and purchase, in department stores or online, do your groceries, stop for gas, dine and travel. You can do almost anything with your Wired Plastic card. Hey, you can even pay your bills with it. No more having to get dressed and go out just to pay the electricity bill, cable, cell phone and other bills. Sign up for Click-n-Pay online for a recurring payment and it’s one less monthly task to do. Just remember to keep your card loaded.

Do all these with nary a care over interest charges, overdraft fees and bouncing check fees. With the Wired Plastic card, you don’t have these fees because you’re using your own money. So, is the Wired Plastic card right for you? You bet it is!