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The Eufora™ Elite Credit Builder
Prepaid MasterCard®, issued by
The Bancorp Bank, is a stored
value card designed for those
who have fair, poor, bad, or no
credit history and would like to
rebuild their credit, as well as
have the chance to earn income
for referrals.
Not often do prepaid cards offer
benefits; however, the Eufora™
Elite Credit Builder Prepaid
MasterCard® offers a unique
income opportunity for
cardholders. Each time a
cardholder refers a new
applicant to the Eufora™ Elite
MasterCard®, that cardholder
will earn $90 per year if the
referred applicant is approved
and maintains their membership
in good standing. Each time a
cardholder refers a new
applicant to the Eufora™
Preferred MasterCard®, that
cardholder will earn $50 per
year if the referred applicant
is approved and maintains their
membership in good standing.
Lastly, each time a cardholder
refers a new applicant to the
Eufora™ Associate MasterCard®,
that cardholder will receive $20
per year if the referred
applicant is approved and
maintains their membership in
good standing.
At the Elite level, the
cardholder earns “commissions”
for referrals at every card
level. The two lower earning
levels (Associate and Preferred)
have lower annual fees, but the
referral fees are considerably
less. For instance, if an
Associate level cardholder
refers an Elite level
cardholder, that cardholder will
receive $20 as opposed to $50.
The annual fee for the card is
$99.95 per year, and is
currently being waived for the
first two years. And because
there are no participation or
application fees (which are
usually associated with stored
value cards), this card is less
costly than most prepaid cards
offered.
In addition to the unique income
program, the card offers the
following benefits: purchase
protection, auto rental
insurance, and up to $200,000 in
travel accident insurance.
In order to use the card,
cardholders need to first make a
deposit in advance for a set
amount (ranging between $5 to
$5000 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 $5,000 that can be
held in the account at any one
time). Funds may be loaded onto
the card through an existing
checking or savings account
($300 maximum), money orders,
bank wire transfers, payroll
direct deposits, or retail
locations. Eufora™ may also load
the card directly from earned
referrals (subject to their
terms and conditions).
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 $10.00 for the
first year (a total of $120.00).
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™ Elite Credit Builder
Prepaid MasterCard® has to
offer.
- BUILDS CREDIT! Reports
to Credit Bureaus
- 100% Guaranteed
Approval* with No Credit
Check - Perfect for Bad
Credit or No Credit
- FREE Direct Deposit
- FREE Point of Sale
Transactions
- FREE 24/7 Online Access
- FREE Live Customer
Support
- Reload at Thousands of
Retail Locations Nationwide
with a $5000 Maximum Value
- Safer than Cash
Apply Now!
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