Prepaid debit cards for everyone

“To celebrate the partnership of the Limerick Post with Rubycard and Mastercard, Rubycard are giving away €1,000 in two prizes.  First prize is a golden ticket to the value of €500. All new cards applied for between now and the January 2, 2011 will be entered into a draw and the card drawn will receive the €500  top up prize. Second prize also of €500 top up is to show off our amazing new software that allows cardholders to design and personalise their cards with their own pictures. We are giving €500 top up to the best card design chosen.

We are the only prepaid card provider in Europe to offer this personalised card design service and to get everybody involved, we are offering our readers a chance to go online and order a card with no upfront fee. If you design and like your card and want to use the card the set up fee will only be deducted (€12.95) after you load the card.  Find full details of the competition on www.Limerickpost.ie
Prepaid cards (also known as “pay as you go debit cards”) are a relatively new product to the Irish market and are the perfect solution to the mounting debt crisis that the country faces as unlike credit cards, they do not carry hefty interest charges or the risk of getting into debt.
A prepaid MasterCard means that, like a pay as you go mobile phone, users need to top up their e account before they can use it. It is not linked to a bank account and unlike a credit card where holders pay for their transactions at a later date, it allows its users to easily control their spending. Similar to pay as you go mobile phones, the Limerick Post pay as you go debit cards can easily be “topped up” for free online, via standing order, or direct by paying wages onto the card. Alternatively, top-ups can be loaded onto the card in one of 2,500 retailers nationwide.( Payzone/Paypoint)
Mark Potter Regional Sales Manager of Rubycard comments: “Getting a Limerick Post pay as you go Debit Card is the best way to enjoy the freedom and security of a MasterCard without the risk of running up debts. Also a bank account is not required to get a Limerick Post Card and customers still get the same fraud protection as a conventional Mastercard. It is ideal for travelling abroad because regular banks may charge exorbitant cash withdrawal, exchange rate and transaction charges.” We at Rubycard are delighted to be partnering with Limerick Post and are thrilled with the response we have had so far. Limerick Post is a trusted and well known brand, just like MasterCard and we can see a long term partnership with them. We are also launching a Rewards Scheme in January for all Rubycard holders across the nation and we aim to negotiate big savings for cardholders when they use their card at participating outlets nationwide.
The Limerick Post Prepaid MasterCard is accepted globally in stores and online in approximately 25 million locations and 1 million ATMs wherever the MasterCard symbol is displayed. Also the chip and pin facility means that having a Limerick Post card is far safer and more secure than carrying cash with the protection against fraud that Mastercard offers.
This makes owning such a card not only ideal for everyday use, but also a particularly useful tool for travelling and shopping online. Some of the features include; when you book on line with Ryanair you will not be charged the €10 booking fee. You can also lock and unlock your card by text and even check your top up balance by text. Another increasingly popular use for the card is for parents to have added peace of mind by giving an additional card to their children over the age of thirteen, and also whilst at University. This is because they can feel safe in the knowledge that their children are not creating more debts for themselves while at University than necessary with a secure MasterCard that encourages them to manage their finances sensibly.

Gerry O’Malley Advertising Manager, Limerick Post Newspaper with Mark Potter of Ruby Card announcing the e1,000 prize giveaway. For competition details see below.

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