BuyRIGHT Prepaid MasterCard®

From the CompareCards.com Editorial Team:

The Buy Right MasterCard is a prepaid card with no credit check and no late fees, and it is accepted all over the world in any establishment that accepts MasterCard – the most popular brand of plastic on the planet.

The card also has some handy features like online bill paying to help you manage your monthly payments to various companies like phone carriers or utility companies. There are two fee schedule plans so consumers should compare those and see which one fits their particular spending or card usage patterns the best. You can earn a $5 reward for signing up for direct deposit within 30 days and you can get a $25 referral bonus if you get your friends to sign up and carry the card.

But there are also quite a few fees associated with this card that could become expensive if you aren’t careful. For example using the bill pay feature costs a dollar per transaction, and using an ATM to take out money costs $2 per transaction. Meanwhile it costs almost $30 to activate the card, and if you cancel the card you have to pay $15 or otherwise forfeit any balance left on the card. Charging a total of $45 to get in and out of card ownership is a steep price to pay and many consumers will find this unfair.

The Bottom-Line
This is a pretty standard prepaid card so you can get it without having your credit checked, and it offers the convenience of having an easy way to cash payroll checks or do transaction with plastic instead of cash. But there are quite a few fees associated with this particular card, and those will make it rather expensive for people who carry it and use it for such things as frequent card purchases or electronic bill payments. All in all, it is a decent prepaid card except that its positive features are undermined by too many fees compared to some other comparable cards.

The Good
You can get this card without a credit check and it has some convenient features like online bill paying tools.

The Not So Good
There are several fees like the $29.95 start-up fee, $1 card swipe surcharge and the $15 cancellation fee that seem unwarranted, and extra fees make this card too pricey.