Important Update for our Cardholders
Please Read Carefully, Your Action is Required
Thank you for being a valued part of the Fancard Team! We appreciate your continued use of the Fancard Prepaid Mastercard®. We wanted to update you with a few important changes coming January 2018
LOOKOUT FOR YOUR NEW FANCARD!
You will be receiving a new, updated Fancard in the mail between January 7th- January 20th.
You will have a New Card Number and Routing Number.
- Activate your Fancard as soon as you receive it.
- Once it is activated, all of your funds will be Automatically Transferred.
- Your old Fancard will stop working February 13th.
TO MAKE FANCARDS BETTER!
To continue our mission of bringing you, our cardholder, a game-changing prepaid product, we needed to make some upgrades. This will allow us to bring exciting new features, additions, and rewards to our cardholders.
Here are the details for what you need to know:
- Your Fancard will arrive between Jan. 7th – Jan. 20th, 2018
- Your old Fancard will stop working Feb. 13th, 2018
- Funds will Automatically Transfer when you activate your new Fancard
- Your new Fancard will be the same Team Design!
- Your Routing and Card number will change. Read Updating Direct Deposit.
FOLLOW THESE 4 SIMPLE STEPS
This will ensure you receive your new Fancard and are able to activate it.
Activate your card as soon as you receive it.
To Activate your card CLICK HERE or call 1-855-330-2273
Destroy your old card once you have activated your new Fancard.
Fill out and hand your employer your new Direct Deposit slip.
Important: Your Direct Deposit information will change with your new Fancard.
Your new direct deposit slip will be attached to the carrier that your card arrives in.. Simply cut off the form, fill it out, and hand your new Direct Deposit slip to your employer. You can also log in to your Fancard account and find your updated Direct Deposit information as soon as you activate your new Fancard.
If you need help setting up Direct Deposit, please visit our help guides for more information or call our office Monday-Friday 8:30am-5pm CST.
If you have set up Federal Benefits on your Fancard, no worries! You don’t have to do anything at all! We will automatically convert your deposits over to your new Fancard.
We have made several changes and improvements to our fees.
If you direct deposit over $750 per month, your fee is now $3.95!
|Managing Your Card||Fee||Details|
|New Card||$3.95||Charged after 1st load|
|Monthly Fee||$3.95$6.95||Charged 30 days after card issuance and thereafter. $3.95 fee with Direct Deposit of $750 or more $6.95 fee with Direct Deposit less than $750. Deposit must post to the card prior to 7:00 AM Eastern to be eligible for the reduced Monthly Fee.|
|Inactivity Fee2||$4.95||Charged after 90 days of inactivity. Will replace monthly fee|
|Close Card3||$10.00||Applied when cardholder requests account closure and the remaining funds are distributed via paper check|
|Replace Card4||$10.00||One free replacement per year|
|Custom Card5||Up to $9.95||Fee based on card image selected|
|Using Your Card||Fee||Details|
|POS PIN Debit Purchase (Int’l)||3%||of the transaction amount|
|POS Signature Purchase (Int’l)||3%||of the transaction amount|
|ATM Withdrawal- DECLINED||$1.00|
|Withdrawal (At a Bank)||$2.50|
If you have any questions or concerns at all, we’ve always got your back. Feel free to reach out to us at 1-205-715-8955, Monday-Friday from 8:30am – 5pm CT. You can also email us your questions or comments at firstname.lastname@example.org.