Press

New service gives consumers greater control over their finances21 Jan

A new UK-based service launches today giving cash-conscious consumers greater control over their finances as well bypassing the banks with their often hefty overdraft charges and fees. The Speed-e-card (a prepaid MasterCard) and e-bank account gives the consumer many of the benefits of a traditional bank account and debit card – but with no interest charges or late fees – and no credit checks.

The card can be used online or in shops, just as you would use a normal credit or debit card, as well as abroad, meaning no worries about having to change up Travellers Cheques.

You can also use your card to make payments online via the free e-bank account and even set up standing orders from it, making it a viable alternative to running a traditional bank account.

And because you can only spend what you actually have on your card, you will never go overdrawn, meaning greater control over your money and no nasty overdraft fees!

You can even opt to receive an SMS every time your card is used, so you will know straight away if it is being used fraudulently.

Gary Miller-Cheevers from the site says: “The Speed-e-card with its free e-bank account gives consumers greater control over their money and the re-assurance that they will never pay charges and fees due to being overdrawn. We believe that in these credit-crunching times and with lots of media coverage over unfair bank charges and hidden costs, this service provides a transparent and ethical way to manage your finances. Why give the money to the banks when you can spend it yourself!”
The Speed-e-card is also unique in that once it is activated, it can be loaded with a Speed-e-loans payday loan – a form of cash advance which is repaid on your next payday.

For more information, please visit: www.speed-e-card.com

About us
Speed-e-card.com and its sister site Speed-e-loans.com offer a practical alternative to banks that can no longer help their customers with their short term financial needs. We have a consumer credit licence from the Office of Fair Trading.

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