Scrap Your O2 Money Card

eirman

On the 16th of November your O2 Money Card (VISA) will be replaced by a
3Money Card (Mastercard).

There is no monthly fee with an O2 card.
There IS a monthly fee with the 3Money card.

Your balance will now be eaten away, bit by bit, unless you do regular big monthly top ups.
Even then, it's more expensive to top up - you can't win!
It's just corporate greed.

I'm going to switch to Swirlcard. (Any other suggestions anyone?)

Anyone like to start a Facebook campaign?

Fee PDFs for both are attached for your comparison.

awec

Now that all banks offer Visa cards why do people still use these things?

eirman

awec wrote: »

why do people still use these things?

Because some people don't have bank accounts ...

and they are really useful when using an unknown website that doesn't take Paypal.
It's an extra layer of security between your bank account and the big bad world.

slimjimmc

Moved to Banking & Insurance & Pensions

125 Lime St

Anpost is looking like the best option now,too much fees with Swirlcard also

Anpost Costs

Card Free

Load/Reload Free

Purchases from merchants (eg. shops and restaurants)* Free

Monthly inactivity fee debited from your PostFX™ Currency Card
if it has not been used for 12 months+

The only fees are for ATM withdrawals & Stamp Duty

Fees are only applied to ATM withdrawals as per below:
£1.50 Sterling, $2.50 US Dollars, AU$3.50 or CA$3.25 per withdrawal.
Where the Card is used in a country that operates in a currency other than that on the card, transactions are charged at exchange rate of the day plus 5.75%. Please note that the Government of Ireland charges an annual stamp duty on prepaid card accounts. There is a €2.50 fee every year if the card is used in an ATM. There is also another €2.50 fee every year if the card is used in a point of sale transaction. Charges apply when there is a balance on the card at 31st December.

http://www.anpost.ie/AnPost/MainContent/Personal+Customers/Money+Matters/Foreign+Exchange/Choose+the+PostFX+MasterCard+Currency+Card.htm

Ken.

125 Lime St wrote: »

Anpost is looking like the best option now,too much fees with Swirlcard also

Anpost Costs

Card Free

Load/Reload Free

Purchases from merchants (eg. shops and restaurants)* Free

Monthly inactivity fee debited from your PostFX™ Currency Card
if it has not been used for 12 months+

The only fees are for ATM withdrawals & Stamp Duty


http://www.anpost.ie/AnPost/MainContent/Personal+Customers/Money+Matters/Foreign+Exchange/Choose+the+PostFX+MasterCard+Currency+Card.htm

Can one be used in Ireland Or in Euro. I only see options for Dollar,English Pound,Canadian Dollar or Aussie Dollar.

125 Lime St

I think its like a normal MasterCard but loaded with a foreign currency & that's the only catch,

It can be used in store and online,but has to loaded in one of those currencies.

So your gaming the currency market a bit,but there are no fees according to the website

No Fees on Point of Sale transactions, fixed fees on ATM (Subject to local rules)

galwayjohn89

Surely the Revolut card is a no brainer?

Delta2113

Vuzuggu wrote: »

Surely the Revolut card is a no brainer?

Yes once you have a smartphone Revolut is the one to go with.

hdowney

link on the revolut one?

125 Lime St

https://revolut.com/

Ken.

Good card but you have to top up via debit card or bank transfer.

OldMrBrennan83

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OldMrBrennan83

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maximoose

Patww79 wrote: »

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Physical card, request it from in the app after sign up.

Got mine this morning

OldMrBrennan83

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Ken.

Patww79 wrote: »

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From O2 money.
http://money.three.ie/notification/faqs/#faq-8

You can only close your O2 Money card if there is no balance on the card. When the balance on your card is zero, just call us on 1890 812102 or email customer care at customercare@o2money.ie and we will close your account.

OldMrBrennan83

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_Kaiser_

Just signed up for the Revolut card/app as well. I have had an O2 card for years that I use maybe once a month if buying something online from a site that doesn't accept PayPal or isn't a "brand name", but not willing to pay extra to top up and have that balance eaten by fees as well!

This Revolut card looks very straightforward though!

OldMrBrennan83

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_Kaiser_

Patww79 wrote: »

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You don't.. you download the app and register through it. There's then an option to have them post out a physical card to you

One thing from the T&C's though....

What is the fee structure?
The Revolut app and multi-currency card are completely free.

Revolut offers the very best exchange rate available and applies no charges or fees. We guarantee this for the first 12 months of being a Revolut customer.

Hmm.. does that mean that you will have to start coughing up in year 2 I wonder?

EDIT: Nevermind.. further down it says...

What happens after 12 months?
We reserve the right to change our pricing structure after the first 12 months of using the Revolut service, however, we do not expect there to be a significant change. Revolut was launched with the ambition to offer a fair and transparent alternative to foreign exchange with no hidden fees and we fully intend to live by that philosophy.

We would never charge our customers without clearly explaining the changes and asking their express permission to sign them up on a subscription basis.

Still seems like a good deal though.

galwayjohn89

Sign up to Revolut and use code MSE for free £5.

Bargain alerts thread: http://www.boards.ie/vbulletin/showthread.php?t=2057481488

I've used this travelling in Turkey, India and Nepal and I must have saved at least €30 so far.

slavetothegrind

why does the revolut app want access to everything in your phone? including addressbook call history photos.....

Is it just an info troll for marketing databases?

CelticRambler

awec wrote: »

Now that all banks offer Visa cards why do people still use these things?

Because sometimes you want funds on a card with no direct link to your bank account. Very handy when travelling, or if you want to let two or three other people use the card (e.g. for an association).

That new monthly fee is a real sneaky change to the T&Cs though. I got the message from Three to say they were changing the name, no mention of them charging 15€/year aswell as the top-up fee and the stamp duty. :mad:

Thanks OP for the info.

tregan

hi all,

was doing a search to see who offers commission free currency in advance of my trip to new york next month. found this revolut card through my search. going to read the document now .... looks like the solution. when i read the info i'm sure i'll get the answer but i'm guessing i can use this in any country i.e. for my US trip and if i've any money left i hope to go to the UK for a weekend ... thanks

kleefarr

Definitely better options out there.
Need to get myself sorted out.

Delta2113

Revolut all the way - it might seem complicated at first with having accounts in euro,dollars and sterling if you wish but you soon get the hang of it.

You can just operate with Euro and it work's great. it's worth verifying your Identity and I would recommend using your Passport for this. Check out the main thread in 'bargain alerts'.

kleefarr

Delta2113 wrote: »

Revolut all the way - it might seem complicated at first with having accounts in euro,dollars and sterling if you wish but you soon get the hang of it.

You can just operate with Euro and it work's great. it's worth verifying your Identity and I would recommend using your Passport for this. Check out the main thread in 'bargain alerts'.

One big difference with Revolut, you can't top up with cash.

_Kaiser_

So after having previously been told that I wouldn't be getting one of the new 3 cards as I wasn't spending enough for them on the O2 one, I just got an email telling me its on its way??

Anyone else?

CyberGhost

ken wrote: »

Good card but you have to top up via debit card or bank transfer.

That's a bummer! If it was possible to top up offline, I'd have moved.

JP Liz V1

Is there any competition as in an Irish prepaid card against 3's one?