The baby phat rush card is a prepaid credit card. It was created by Russell Simmons he co founded the popular Def Jam record label.
This is how the rush card works; you deposit money into your card/account, then you use your card to make purchases, money is taken out of your account to pay for those purchases. This card does offer guaranteed approval.
There is no chex systems check or a credit check. The rush card comes as a black card and the baby phat rush card is a pink card.
This card offers free direct deposit. To use this you simply fill out a form and turn that into your employer.
Your paychecks are then directly deposited into your rush account/card. You will still get the details from your employer. It will show the amount of your deposit and taxes and hours worked.
With this card you receive free online account access. You can also access your cash at over 800,000 ATM's.
You can make purchases using your rush card online and over the phone. You can also use your account and write physical paper checks.
To do this you simply go online and fill in the payees details. This includes address, name, and amount of payment.
Then press send a real physical check will be sent to the business or person. This can save you money by not having to buy money orders again.
With bill pay you can save money on buying money orders. If you use direct deposit you will no longer have to pay check cashing fees.
However, we do not recommend the baby phat rush card. This is because they have many fees that other prepaid cards do not have.
For example the rush card charges you a convenience fee. A convenience fee is simply a fee for using your card.
The convenience fee is $1.00 with a monthly maximum of $10.00. However you will be charged a convenience fee for every purchase you make in a month.
Then at the end of the month all the extra charges above 10.00 will be credited back to your account at the end of the next calendar month.
That works out to almost 2 months before you will be issued your refund. These fees are ludicrous; there are very few people that only use their credit card ten times in a month.
It's hard to believe that someone can be charged these fees. In addition having to wait so long to get your refund.
Also with the rush card in order to use bill pay you must pay $2.00 and then an additional $1.00 for every check you write. There are many prepaid cards that offer this service for free.
The rush card says there are no hidden fees with their card. Yet you get charged every time you use your card. The rush card carries the most fees of any prepaid card we have reviewed.
In sum, stay away from the rush card. There are many other prepaid credit cards available that have lower fees and better benefits.
This is how the rush card works; you deposit money into your card/account, then you use your card to make purchases, money is taken out of your account to pay for those purchases. This card does offer guaranteed approval.
There is no chex systems check or a credit check. The rush card comes as a black card and the baby phat rush card is a pink card.
This card offers free direct deposit. To use this you simply fill out a form and turn that into your employer.
Your paychecks are then directly deposited into your rush account/card. You will still get the details from your employer. It will show the amount of your deposit and taxes and hours worked.
With this card you receive free online account access. You can also access your cash at over 800,000 ATM's.
You can make purchases using your rush card online and over the phone. You can also use your account and write physical paper checks.
To do this you simply go online and fill in the payees details. This includes address, name, and amount of payment.
Then press send a real physical check will be sent to the business or person. This can save you money by not having to buy money orders again.
With bill pay you can save money on buying money orders. If you use direct deposit you will no longer have to pay check cashing fees.
However, we do not recommend the baby phat rush card. This is because they have many fees that other prepaid cards do not have.
For example the rush card charges you a convenience fee. A convenience fee is simply a fee for using your card.
The convenience fee is $1.00 with a monthly maximum of $10.00. However you will be charged a convenience fee for every purchase you make in a month.
Then at the end of the month all the extra charges above 10.00 will be credited back to your account at the end of the next calendar month.
That works out to almost 2 months before you will be issued your refund. These fees are ludicrous; there are very few people that only use their credit card ten times in a month.
It's hard to believe that someone can be charged these fees. In addition having to wait so long to get your refund.
Also with the rush card in order to use bill pay you must pay $2.00 and then an additional $1.00 for every check you write. There are many prepaid cards that offer this service for free.
The rush card says there are no hidden fees with their card. Yet you get charged every time you use your card. The rush card carries the most fees of any prepaid card we have reviewed.
In sum, stay away from the rush card. There are many other prepaid credit cards available that have lower fees and better benefits.
About the Author:
Instead we suggest the account now visa they offer free activation, free direct deposit, free credit builder & free bill pay. You can view a list of the 3 best prepaid credit cards by visiting us.
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