PEXCARD
Pexcard (Charge Card)Visa Card
        
The PEX VisaŽ Prepaid Card is a great way to give your company employees Visa purchasing power, without risking overage charges or damage to your credit. Your PEX Visa Prepaid Card master account will allow you to set spending limits and even control the TYPES of merchants your employees can use their card to make purchases with. There are no transaction or deposit fees.
Advantages:
1.Instantly Fund Employee Purchases
2.Gain 24/7 Control Over Where and How Much Employees Spend
3.Save Money - No Surprise Interest Charges or Overdraft Fees
4.Monthly Reporting
5.Worldwide Card Acceptance
Disadvantages:
1.Bank Rejected ACH Request $25.00
2.Express Card / Request $35.00
3.ACH Transfer From PEX Account to Your Bank $5.00
4.Late Payment for Fees Due $25.00
5.Card Replacement  $5.00
Services:
1. The easy to use administrative tool provides the capability to manage all accounts on-line, in one place, in real-time.
2. Cards can be reloaded.
3. No transaction fees.
4. No deposit fees.
5. Cards are personalized with the cardholder's name.
6. The funds on deposit are corporate funds - not employee-owned.
7. The PEX Card Account is not a bank account, but all funds on deposit are FDIC Insured.
8. Each card has an individual balance, so you can keep employees on budget. The corporate balance is displayed separately from cards.
9. Funds on deposit belong to your business until cardholders spend or service fees are posted. Funds can be transferred back to the registered business bank account at any time.
10. Fees are charged to the PEX Account balance, not to card accounts.
11.Cards don't expire until three years after the issue date.

APR: N/A
Credit Limit: No Pre-Set Spending Limit
Credit Rebuild: No
Chip and Pin: No
Under 18: No
SMS Banking: No

Fees: Account set up fee $49.95 $7.50 per month
Cash Back: Charge Card
Cash Advances: Charge Card
Balance Transfer: Charge Card
New Purchase: No Interest Charges

Rewards: N/A
        
REVIEWS
Pexcard (Which Way To Pay - 13/5/2011)
Pexcard is ranked 3 out of 5. Based on 1 review.

3 Star Rating

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