This card was created by co founder of Def Jam record label, Russell Simmons. This is a prepaid card and is issued as the rush card or you can get a baby phat rush card.
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 credit or chex systems check. The baby phat rush card is issued in a pink design and the rush card is issued in a black design.
With this card you have free direct deposit. To enroll in this you only have to fill out a form and turn that into your employer or payroll department.
Then you checks will be deposited into your rush card. You will still get a breakdown on your hours and how much the deposit was.
This card can be used at ATM's over 800,000 locations throughout the world. In addition you get free online account access.
You card can be used to make purchases over the phone and online. In addition your rush card allows you to 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 hit send and a paper check will be sent to the individual. The is a good method to use when paying your monthly bills, because you will not have to pay for money orders.
With this service and direct deposit you will also save money by not having to pay for 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 charge for this fee is $1.00. There is a maximum charge of $10.00 a month however you will be charged this $1.00 fee every time during that month.
Only at the end of a full calendar month will the extra convenience fees be refunded to you.
This can work out to you waiting almost a full two months before you are refunded for your extra charges. This is insane, furthermore who only uses their card ten times in a month?
I don't know how they get away with charging these fees it seems unfathomable. In addition making their card holders wait so long before being reimbursed.
Also to use bill payment you must enroll which is $2.00 then every check you write is another $1.00. There are other prepaid credit cards that offer free bill pay and no fees.
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 credit or chex systems check. The baby phat rush card is issued in a pink design and the rush card is issued in a black design.
With this card you have free direct deposit. To enroll in this you only have to fill out a form and turn that into your employer or payroll department.
Then you checks will be deposited into your rush card. You will still get a breakdown on your hours and how much the deposit was.
This card can be used at ATM's over 800,000 locations throughout the world. In addition you get free online account access.
You card can be used to make purchases over the phone and online. In addition your rush card allows you to 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 hit send and a paper check will be sent to the individual. The is a good method to use when paying your monthly bills, because you will not have to pay for money orders.
With this service and direct deposit you will also save money by not having to pay for 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 charge for this fee is $1.00. There is a maximum charge of $10.00 a month however you will be charged this $1.00 fee every time during that month.
Only at the end of a full calendar month will the extra convenience fees be refunded to you.
This can work out to you waiting almost a full two months before you are refunded for your extra charges. This is insane, furthermore who only uses their card ten times in a month?
I don't know how they get away with charging these fees it seems unfathomable. In addition making their card holders wait so long before being reimbursed.
Also to use bill payment you must enroll which is $2.00 then every check you write is another $1.00. There are other prepaid credit cards that offer free bill pay and no fees.
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.
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