Buckscoop > Deals > Everything Else > Get a free BOPO pre-paid credit card

Get a free BOPO pre-paid credit card

Posted By: port, posted 2008/03/30 05:52
Get a BOPO pre-paid credit with no activation fee save $14.95.

Just enter promo code OWEEK in the "Promotion code" field on the home page.

Fees apply to use the card, see PDS and Schedule of Fees for details.
Expiry date:2008/05/30
39°-+
  • port2008/03/30 05:53:33
    BTW, this was posted as a "deal" as it's not free to operate.

    Anyway, flame away. :)

    edit: Deal gratuitously stolen from WP.
  • admin2008/03/30 08:47:50
    how does it work port ?
  • admin2008/03/30 08:49:25
    ahhh - prepaid credit. There's merit to these cards I guess - but I personally still have trouble picturing why you'd use one instead of just a normal bank card.
  • Keeys2008/03/30 10:01:30
    we find prepaid credit great for online transactions rather than risking a normal credit card online just for added saftey. We also take it OS for same reason and we take our regular card for backup. The firsttime we went OS we didn't have a credit card so went prepaid like this so we could use it anywhere visa was accepted, which was most places, rather than worrying about fees from atm's then what to do with currency left over etc

    Our card was through a bank though, so not sure how it compared to this.
  • nod2008/03/30 10:07:54
    Nice of you to credit Port :)
  • Gallifrey2008/03/30 12:08:26
    It's also great for a present for someone, and this is even better without the activation fee.
  • nlafanclub2008/03/30 12:24:46
    Not posting to dis port's post (although, I did have fun typing that :p ), but I've noticed a few complaints on Whirlpool about high fees for BOPO. In fact, just went across and had a look & jIGGABiTE (credit where credits due - Oh, I'm full of puns!) has posted a link there to the fee schedule https://secure.bopo.com.au/Support/BOPOPLAY/Fees.pdf

    Any[COLOR=blue]sway[/COLOR]s (the sway bit is to remind Keeys about Mr Buble - like she needs reminding ;)), as Port noted above, read the PDS & schedule to make sure you're happy with them. And if you are, then go right ahead.

    Me? I think I'll be sticking with my Visa Debit card - only fees are 2 bucks a month

    Here endeth the fatherly advice :cool:

    PS to Port: not a flame from me, but maybe a bit of hot air :D
  • admin2008/03/30 20:18:55
    Ha - they charge you!!!! $5 to be able to put > $1000 or cumulative $2000 in any calendar month. Go figure.
  • ozpete2008/03/30 21:48:52
    Seriously if you need this card you have money to burn, but then if you have money to burn then you wouldn't need this card. If you need safety in os transactions there is paypal The fees on this card makes banks look like benevolent grandparents
  • lisss2008/03/30 21:51:10
    When I travelled overseas recently, I set up 2 Visa Debit cards which are pre-paid credit cards [If there is a difference, what is it!?]. These were with ANZ and NAB and were both "FREE" to set up ie no activation fee... so I think this is the norm. They then charged fees....
  • nlafanclub2008/03/30 22:37:00
    lisss
    When I travelled overseas recently, I set up 2 Visa Debit cards which are pre-paid credit cards [If there is a difference, what is it!?]....



    My visa debit is connected directly to my savings (spendings? :) ) account, so I'm really just transacting from my normal account. It just gives me the convenience of a visa (esp online) without increasing my debts. The big difference is I don't pay any fees for transacting - I only pay a $2 monthly fee. Mine's through United Credit Union - don't know what other banks/credit unions do.
  • port2008/03/31 04:53:57
    admin
    ahhh - prepaid credit. There's merit to these cards I guess - but I personally still have trouble picturing why you'd use one instead of just a normal bank card.


    The video on the site gives one a few hints on this.

    I'd reckon that this product would be good for teenagers (no >16/>18 years old requirement), or people that would fail a credit check.

    You also wouldn't use this especially regularly, due to the transaction fees. Although there's no periodical fee (no annual fees, monthly fees) and so on, there's an inactivity fee.

    This product is not for everyone, and I agree with the other users that have posted here with comments for the same.
  • ozpete2008/03/31 08:56:11
    Lets not get confused with standard debit cards and this ripoff. Look at all the charges - especially since this is targeted at kids who really wouldn't be using this for large transactions.

    From nlafanclub earlier post https://secure.bopo.com.au/Support/BOPOPLAY/Fees.pdf (and look at them before commenting on this post)

    So say a kid has $100 to load on this card, there is $1 load fee so the purchase power is now $99, to make a payment thru the web its 50c per transaction so they make say 3 (av $30 each) thats a $1.50, and another declined that's 20c. Then needs some cash so its $1.85 to take this out at an ATM - the money keeps going.

    And then there's no interest on your money while it's in this card, so load with a $1000 (sorry $999 as $1000 costs $4.95 for 100pt ID check) - to save paying multiple $1 loads if you take a year to use there's $3-4 of interest lost

    Then if they use it overseas as some suggest again $1.00 per load - get it right the first time otherwise it's another $1, for another load and fee's and exchange conversion

    2.5% conversion fee - (no mention of which exchange rate is used - probably visa's which has an inbuild fee), then 50c for each transaction thru o'seas POS or $3.95 if using OS ATM -each transaction - so really travellers cheques are a better deal.

    Again this will really appeal to those who can't get credit from a bank - again the ones who are least likely to be able to afford credit - those are the ones who are least likely to be able to afford the fees. So for them buying online overseas to "save" money will probably pay more than they save.

    The same ones who have to use Western union for os transactions

    There's very little times this card will be of use, ESPECIALLY to those who visit here and are interested in saving money. SO this is NO bargain and I would humbly suggest it doesn't belong here.
  • Gallifrey2008/03/31 18:55:55
    thanks ozpete for all that info..... I never looked at all those charges before!
    I certainly will look into the charges in future. :-)
  • nlafanclub2008/04/01 00:26:55
    While waiting in line at Australia Post shops, I've noticed they have a lot of Pre-paid cards for sale, including Pre-Paid Visa for set amounts; ie $50 or $100. Has anyone ever bought one of these for someone & if so do you have any idea what kind of charges are involved with these?

    Just curious :)

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