August 05, 2011 09:23 AM Eastern Daylight Time
APS matches the popular but now withdrawn Nationwide FlexAccount with its original no-fee policy on overseas purchases and cash withdrawals
LONDON--(BUSINESS WIRE)--APS, provider of the Cashplus® prepaid MasterCard®, unveils an exclusive offer with Moneysupermarket.com allowing its visitors to get a Cashplus® card without any fees for the first three months. The offer will run from the 2nd to 20th August only and will be available exclusively through Moneysupermarket.com. The waiving of fees will mean consumers can enjoy free purchase and no monthly fee, free ATM withdrawal both domestic and international and free foreign exchange making the Cashplus® offering more competitive than any of the other currency cards such as FairFX and matching Nationwide’s former (but now suspended) FlexAccount with its free overseas purchases and cash withdrawal policy. Although Cashplus® will cost £4.95 at the outset APS will refund this if the customer loads £250 on to it within 31 days of signing up.
Rich Wagner, CEO APS, said, “Aside from being cited the top pick as a general spend card and a great alternative to a UK current account by moneysupermarket.com, the Cashplus® offer of Fee Free for 3 months makes it also a great alternative to a currency card this summer. Pay no ATM or purchase fees in the UK or foreign exchange fees abroad for the first 3 months. Plus there are no currency exchange fees, so you won’t pay the normal 2.99% exchange rate you’d pay with most debit or credit cards. What’s more, at the end of your holiday you can continue to use your card in the UK without having to exchange money back into GBP. After the fee free period you can order free Euro and US $ cards.”
Wagner continues, ‘We recognised how popular ‘Nationwide’s (now suspended) FlexAccount free overseas purchase and cash withdrawal offer was and have sought to give customers what they want on foreign exchange and cash withdrawals even if it is for a limited time. We are aware of the cost to run our products so we want to be upfront with customers that the card won’t be free forever but at least consumers can try it out and based on their experience we hope they find the card just as valuable as the more than 500,000 customers who have already used our card products.’
Contacts
Kezia Bibby
01273-704-434
01273-704-434
