BUX.TO Card Announced - see FAQ for fees

BUX.TO card has been announced and will be releasing today. Here are the FAQ's:

It is a mastercard not a Visa Electron.
Bux.to card will be given in form of a reloadable prepaid debit Mastercard.

Pricing and Fee
Card (When the card is first loaded)

Card activation within the US - $9.95/Per card
Card activation for Non US - $9.95/Per card
Loading payments - $2.00/Per load
Monthly account maintenance (Taken from available card balance each month) - $3.00/Per card

ATM Cash Withdrawals

ATM withdrawal within US $1.35/Per Transaction
ATM withdrawal outside US $2.15/Per Transaction
Declined ATM withdrawal (When withdrawal request is declined) - $0.90/Per Transaction


Who can get a Bux card?

Anyone 13 years or older with or without a bank account can receive the Bux card by filling out a simple form online.
If you are under 18: Get your parents permission first and have them order the card for you.

How can I use the Bux.to card?

The Bux card works just like any other MasterCard and can be used just like a credit or debit card, except it has a fixed and prepaid limit. The card is accepted at all locations worldwide, wherever MasterCard is accepted electronically. You can use it at any point of sale location to make purchases, whether online or at retail locations. You can also use the Bux card at ATMs worldwide to withdraw cash. With the added security of choosing your own PIN, you can be assured of no unauthorized use of your card. It can even be used as a phone card.

Can I use the Bux.to card on the internet?

The Bux card may be used for online transactions wherever MasterCard is an accepted form of payment.

Who can use the Bux.to card?

The cardholder is the person whose name is imprinted on the card. This is the person to whom the card was issued and the named person is the only authorized user of the card.


How do payments to me become available on my Bux.to card?

Whenever payments are loaded to your Bux card, you will be notified by email and will be required to accept payment. These funds will be available to you within 2 to 4 business days of accepting payment.

What is the maximum amount the Bux.to card can be loaded with?

This card allows a total limit of $12,500.
A daily spending limit is set at $2,500.
Daily ATM withdrawal limit is set at $1000. Example: If you withdraw a $1000, you have $1500 available for the day.

How can I receive the card?

Card will be posted to the address on your application form. You will receive the card for free, no extra postal/shipping cost.
Your card will be shipped to you by Regular Mail from the US. Your card will be shipped within 2 business days of the application being approved.
Card will arrive in 7 to 10 business days (in the US) depending on where you are located and longer if they are being sent oversea.

Do I have to send in any documents to apply for the card?

Yes but there is no need to scan the documents, all we need is the number from your government issued ID.
The card is provided by a US company, this is required by US law, you cannot avoid it

Should I wait for card to release or cashout via Alertpay now?

If you are premium. I suggest you request cashout via Alertpay now. The reason is becauses the time it takes for first cashout to card is roughly 20~30 business days.

Break down:
2~5 working days for ID validation
7~10 working days for delivery (in the US) longer if you are located elsewhere in the world
serveral days for funds 'from balance to card requests' to complete
serveral days for funds to appear on card

But after that you can request cashout via bux.to card.