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The Eufora™ Elite Credit Builder Prepaid MasterCard®, issued by BANKFIRST, 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.

Type of card: Prepaid

Introductory apr rate description: No Introductory Rate Available

Fee: $0.00

Best: Annual fee waived; unlimited income opportunity for referrals; compensation for referrals for all levels; no monthly participation or application fees; guaranteed approval.

Worst: Monthly Credit Builder fee.

Perks: Various Internet account related services. No liability for unauthorized transactions. Lost and stolen card reporting. Purchase protection. Identity theft insurance. Auto rental insurance. Up to $200,000 in travel accident insurance. Access to Eufora Credit Builder to report monthly installment loan payment history to credit bureaus for an additional monthly fee of $10 ($120 annually). Cash Reward Program ZERO UP FRONT ($99.95 Advanced Deposit WAIVED) See website for additional benefits.

Notations: **$99.95 annual fee (advanced deposit) will be waived for the first two years. ***Maximum deposit when using a checking or savings account through the Internet is $300; when using any other method the maximum is $5,000. Elite cardmembers will earn $90 per year for each approved Elite MasterCard® referral in good standing, $50 per year for each approved Preferred MasterCard® referral in good standing, and $20 per year for each approved Associate MasterCard® referral in good standing. ****Obtaining Your Card: The USA PATRIOT Act is a federal law that requires all financial institutions to obtain, verify, and record information that identifies each person who opens a Card Account. What this means for you: When you open a Card Account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents. "Guaranteed Approval" is contingent upon successfully passing this mandatory identification confirmation. See website for complete terms and conditions of card usage and application disclosure.

Additional description:

• 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