Eufora™ Associate PrePaid MasterCard®

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Apply for Eufora™ Associate PrePaid MasterCard®
Credit Card Type: Prepaid Credit Cards
APR: None
Introductory APR: None
Introductory Period: None
Intro APR applied to: None
Cash Advance APR: None
Annual Fee: $29.95
Grace Period: n/app
Card Status: Standard
Credit Rating: None or Poor Credit
Full Terms and Conditions: Click Here
  • No Credit Check
  • Cash Reward Program
  • Optional Credit Bureau Reporting
  • Zero Liability


Minimum Deposit$5
Maximum Deposit$100**
Application Fee$0
Participation Fee$0
Reload Fee$1
Inactive Fee$0
Deposit InterestNo
Total First Year Fees$29.95


Best Card FeatureUnlimited income opportunity for referrals; monthly new car sweepstakes entry for every $100 spent; no monthly participation or application fees; guaranteed approval.
Worst Card FeatureLimited earnings for high level referrals.
Card ReviewThe Eufora™ Associate Pre-Paid MasterCard®, issued by BANKFIRST, is a stored value card designed for those who have fair, poor, bad, or no credit history and would like to earn income for referrals. Very rarely do pre-paid cards offer benefits yet the Eufora™ Associate Pre-Paid MasterCard® offers a unique income opportunity for cardholders. Each time a cardholder refers ten new applicants to any Eufora™ MasterCard® card level, that cardholder will earn $200 if the referred applicants are approved. Cardholders will also continue to earn annual income as long as they and their referrals (in increments of 10) maintain their Eufora™ memberships in good standing. A major drawback is that the cardholder only earns “commissions” for referrals at the Associate level, even if the referral is for a higher level Preferred or Elite card. These two higher earning levels have higher annual fees, but offer more benefits and opportunity for increased income, as the referral fees are considerably greater (see our reviews on the Eufora™ Preferred Pre-Paid and Elite Pre-Paid MasterCard®). In addition to the referral program, for every $100 spent, cardholders automatically receive one entry into a monthly drawing for one of twenty-five featured cars. The annual fee for the card is $29.95 per year and there are no participation or application fees, which are usually associated with stored value cards. In order to use the card, cardholders need to first make a deposit in advance for a set amount (ranging between $5 to $100 per deposit), which determines the amount that can be spent on the card. For instance, if an individual were to deposit $100, they could only use up to $100 of credit for future purchases (there is a maximum of $2,500 that can be held in the account at any one time). Funds may be loaded onto the card from an existing checking or savings account. Eufora™ may also load the card directly from earned referrals (subject to their terms and conditions). So in the first year, a cardholder can expect to pay a total of $29.95 in fees, which is very reasonable for this type of card (this does not include any reload or penalty fees). An additional card can be provided for the account for a fee of $9.95. For those who wish to establish or rebuild their credit, the card offers a service called “Credit Builder” which reports to a credit bureau. The service is provided for a total of two years and has a $19.95 processing fee, along with a monthly fee of $6.65 for the first year (a total of $79.80). No monthly fee will be charged for the second year of service. Therefore, those who are looking for a stored value card in which they can pay in advance for purchases and would like an opportunity to earn extra income, will benefit most from what the Eufora™ Associate Pre-Paid MasterCard® has to offer. However, applicants may want to consider applying for either the Eufora™ Preferred or Elite MasterCard®, as the potential revenue far outweighs the difference in the annual fee.
Date Updated2005-02-16 00:00:00

Lowest Fixed APR Rate: 5.50%

Lowest Variable ARR Rate: 8.49%

Total Credit Cards in Database: 102