Monday, July 9, 2012

EastWest Bank Prepaid Card: What is your take?


With the boom of Prepaid Cards which is set to control how much you spend (unlike applying for credit cards which would give you more debt you can pay), it is no surprising that a lot of banks are into prepaid cards.

EastWest Bank joins the fray by offering their own prepaid card:

TYPE OF TRANSACTIONAMOUNT (Php)
Card Application FeePhp 100.00
Card Replacement FeePhp 100.00
PIN Regeneration Fee Php 50.00
Over-The-Counter Load / Reload FREE
ATM Balance Inquiry - Domestic Php 1.00/transaction
ATM Balance Inquiry - International*Php 45.00/transaction
ATM Withdrawal - EastWest Bank ATMPhp 10.00/transaction after 3rd transaction**
ATM Withdrawal - Other Bank ATMPhp 11.00/transaction
ATM Withdrawal - International VISA ATM*Php 157.50/transaction

*Subject to applicable fees and charges that may be imposed by the host bank.
**For every one (1) calendar month period.


What is your take on the product?




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