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Topic: FusionCash Debit Card  (Read 4761 times)

Garydh

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FusionCash Debit Card
« on: March 05, 2012, 03:33:03 pm »
I think it would be great for all.

A FusionCash Debit Card, with the FusionCash Logo. Plus Fusion Cash makes money (interest etc), Members have a debit card they can load money to and spend like all the other debit cards we see in these offers, as well as deposit our cash out earnings to it as well. It can have the Visa and or Mastercard backing and their logo to.

Just a thought


Administrator

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Re: FusionCash Debit Card
« Reply #1 on: March 05, 2012, 03:38:15 pm »
I think it would be great for all.

A FusionCash Debit Card, with the FusionCash Logo. Plus Fusion Cash makes money (interest etc), Members have a debit card they can load money to and spend like all the other debit cards we see in these offers, as well as deposit our cash out earnings to it as well. It can have the Visa and or Mastercard backing and their logo to.

Just a thought
The thing is, a prepaid card has to have fees.  Typically the amounts loaded on them are not high enough to earn significant interest at today's rates (<1%).  So an FC-branded card (through a third party issuer) would have to have a monthly maintenance fee, and/or an ATM withdrawal fee, inactivity fee, etc.  There are licensing fees, interchange costs, and lots of other expenses involved in actually offering a prepaid debit card.  And then if we rewarded you for using it, that cash would have to come out of other fees as well.  I would only want to offer a "no strings attached" prepaid debit card with the FC logo on it, and unfortunately such a thing is not financially feasible.

Garydh

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Re: FusionCash Debit Card
« Reply #2 on: March 05, 2012, 03:44:46 pm »
Thanks for your immediate reply. I have just learned a lot. That is what is great about the Forum and you the Administrator. No strings attached could be good too, but if right now it is not feasable I understand. Just had to brainstorm and throw that thought out there.  Again thanks for your reply and wishing you a great day!

bessie1111

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Re: FusionCash Debit Card
« Reply #3 on: March 05, 2012, 04:04:52 pm »
It is a cool idea.  I get my cashouts through paypal and I have a paypal debit card, so I can immediately access my cash when it comes.  Not quite the same as you are suggesting, but it works nicely.

sfister65

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Re: FusionCash Debit Card
« Reply #4 on: March 05, 2012, 04:25:11 pm »
I think it would be great for all.

A FusionCash Debit Card, with the FusionCash Logo. Plus Fusion Cash makes money (interest etc), Members have a debit card they can load money to and spend like all the other debit cards we see in these offers, as well as deposit our cash out earnings to it as well. It can have the Visa and or Mastercard backing and their logo to.

Just a thought
I think thats a great idea. Like having a pre-paid card. I use to donate plasma and that's how they paid you. After you were done they just loaded it on the card. It was real easy to use.

handllucas

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Re: FusionCash Debit Card
« Reply #5 on: March 05, 2012, 04:35:42 pm »
Definitely not a good idea. As stated before there is a cost for the card itself, a charge to activate it and a charge to add to it. These fees would add too much expense for FusionCash and/or the FusionCashees.

yosav

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Re: FusionCash Debit Card
« Reply #6 on: March 05, 2012, 04:37:32 pm »
not for me

Cuppycake

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Re: FusionCash Debit Card
« Reply #7 on: March 05, 2012, 04:57:34 pm »
I wish people would stop making this suggestion and learn to use paypal ... I for one enjoy earning cash back with my paypal debit card.

deelow20

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Re: FusionCash Debit Card
« Reply #8 on: March 05, 2012, 05:17:25 pm »
I'm still trying to figure which is better and such. So I don't know.

cwortman544

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Re: FusionCash Debit Card
« Reply #9 on: March 05, 2012, 05:53:10 pm »
I say to use Paypal and that's what I'm doing once my cash out is approved.  The main reason why I chose to do it this way is because of the secure transactions paypal offers.  I've had problems in the past with either my debit card or past bank accounts getting compromised by entering the numbers online and I've never had a single problem with Paypal.  Plus they insure your money to be sure no unauthorized transactions happen and if they do it gives you peace of mind as well.  It's just all in all a better idea.

Although others on here may tell you to do direct deposit and they've been doing it for awhile so really it's your choice but coming from someone with an IT degree and someone who knows about how important security is online or through a network or server I choose Paypal for the security.

ladavia89

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Re: FusionCash Debit Card
« Reply #10 on: March 05, 2012, 05:54:16 pm »
I think I'll stick with the simple options. You can get your money directed deposited into your bank account and use your existing debit card or get it deposited into paypal and get a paypal debit card. I personally am a member of too many survey sites to deal with several pre paid cards so I'll stick with either getting it deposited into paypal or as checks

velvet53

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Re: FusionCash Debit Card
« Reply #11 on: March 05, 2012, 06:03:13 pm »
It might be a good idea if there aren't a lot of costs with it. I know some places want to charge for every little thing.

Stealth3si

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Re: FusionCash Debit Card
« Reply #12 on: March 07, 2012, 03:12:17 pm »
Wouldn't that also affect the quality of FC offers/surveys overall?

torch71

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Re: FusionCash Debit Card
« Reply #13 on: March 28, 2012, 02:21:48 pm »
I wish people would stop making this suggestion and learn to use paypal ... I for one enjoy earning cash back with my paypal debit card.

Yes indeed - payment directly to paypal - withdraw with debit card or transfer to checking account! win-win!

oldbuddy

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Re: FusionCash Debit Card
« Reply #14 on: March 28, 2012, 03:38:40 pm »
I already have a pre-paid debit card and the only fee I pay is $1 to transfer the balance into my bank account once a month or so.

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