The Vaya Prepaid MasterCardThe Vaya prepaid credit card is issued by BankFirst and is considered to be a very cost effective credit card for the consumer. It is issued as a MasterCard, co is accepted the world over by merchants, restaurants, transportation companies, and so on. With a lower than normal application fee, the Vaya prepaid credit card tops the search for cards that are friendly to the consumer. The Vaya prepaid credit card is also unique in that there are no fees charged for transfers of funds to the card. The company also offers a twenty five dollar bonus for a successful referral, with no limit on the number of referrals that a card holder can earn. Add to that the list of customer services, such as e-mail alerts and online account management, and this card appears to be a clear winner. The fee and cost structure in the world of prepaid credit cards varies widely. The Vaya prepaid credit card boasts some of the lowest fees in the business. The forty nine dollar one time application fee is about half of what is normally charged. The monthly fee is less than six dollars, about a third less than the typical charge. Most methods of loading the card with additional funds are processed at no charge at all, which is a huge departure from most cards. Signature transactions are processed free of charge, as are calls handled by live customer service representatives. The online card management program for the Vaya prepaid credit card is one of the most complete in the industry. Alerts can be set up (to e-mail or phone) to notify the card holder of any activity, info that can save a lot of trouble where fraud is a possibility. Daily alerts showing the card balance, activities, and payments are also available at no charge. The Vaya prepaid credit card can even be used to pay bills, for a very reasonable charge of fifty cents per bill paid. Many parents have found that the Vaya prepaid credit card is the most effective means to fund their children who are traveling or who are living away from home (for instance, at school). On the other end of the spectrum, many adult children have found that the Vaya prepaid credit card allows them to monitor the finances of older parents (who may be having trouble handling their finances), while still allowing those parents the dignity and independence of having a MasterCard that is accepted at a long list of merchants. Overall, the Vaya prepaid credit card is one of the best, most cost effective cards available on the market today. |