Loyalty Magazine

Loyalty Magazine covers customer loyalty programmes & engagement, data analytics, technology solutions, social, rewards, points, transformation, relationships, CRM

Search
You are here: Home / News / Prepaid Cards / White Eagle launches prepaid EMV card

White Eagle launches prepaid EMV card

White Eagle launches prepaid EMV card
White Eagle (Europe) in conjunction with Newcastle Building Society has launched the Freedom Eagle Cash Card.
The prepaid MasterCard is fully re-loadable, which White Eagle says is unlike most other instant issue products in the market which can only be loaded once.

The card card is reloadable up to £650 and has immediate ATM functionality allowing the customer to load and unload their card as they require.

“The customer can also upgrade to higher spend and balance limits at any time they wish within the first twelve months subject to criteria being met” said John Ondreasz, head of retail business development at prepaid services provider White Eagle.

Kriya Patel, head of card solutions at Newcastle Building Society said: “The fact that it is instant issue and also reloadable adds a new dimension of convenience to personal spending using a prepaid card, without compromising on security.”

The initial retail launch is taking place at several locations in London, prior to the nationwide launch. The cards can also be purchased online at http://www.freedom-card.co.uk.

Related posts:

  1. Increased funding for prepaid card provider Increased funding for prepaid card providerUK prepaid card programme provider Tuxedo Money Solutions says it has raised £17m from a funding round with all its major shareholders participating....
  2. Ryanair card decision opens prepaid skeleton cupboard Ryanair card decision opens prepaid skeleton cupboard The Ryanair decision to stop waiving booking fees for Visa Electron, suggesting instead that people should use a MasterCard prepaid card for booking is going to have mixed results for the card industry....
  3. Big regulatory changes affecting prepaid and gift products SPECIAL REPORTBig regulatory changes affecting prepaid and gift products How is ASC606 affecting gift card breakage in the US? Chinese ruling on pre-paid removes US$74.4bn from mobile coffers Tencent expects gaming division to drive 50% increase in Q2 turnover Big changes are underway that have...
  4. What do we think of the new Costa pay by cup? What do we think of the new Costa pay by cup?Barclays bPay contactless in new unusual application - but does it tick the environmental box?Costa is rolling out a re-useable coffee cup with a contactless chip in the bottom for payment. We are really sorry...