Wins Best Unbanked Prepaid Card and Runner Up Best Basic Bank Account with Prepaid
The Secure Trust Bank Prepaid Mastercard has been rewarded for its added value prepaid proposition with wins at the 2011 Prepaid365 Prepaid Card Awards with consumers votes securing a win in the Best Unbanked Prepaid Card category to go with the runners up award in the Best Basic Bank account category.
The Secure Trust Bank prepaid Mastercard was only launched in late 2010 and has already established a large customer base. The product provides an excellent alternative to those who are unbanked, have a poor credit history, are seeking a credit card alternative or have simply lost their faith in traditional banking.
The Secure Trust Bank Prepaid Mastercard offers consumers the ability to set up direct debits and standing order instructions and customers are automatically enrolled into the Secure Trust Bank Rewards Scheme which enables them to earn cash rewards of up to 4% at over 30 major high street retailers when they shop with their prepaid card. Furthermore, the pre paid card is Mastercard branded and can be used anywhere the Mastercard acceptance logo is displayed – online, in-store and at over 30 million retail locations worldwide in addition to 1.5 global ATM’s for cash withdrawals
Amit Sharma, CEO and founder of leading prepaid comparison site Prepaid365 stated that “this is an excellent win for the team at Secure Trust Bank. Providers like Secure Trust are putting the faith back in banking and providing consumers with a viable alternative to traditional banking structures. Prepaid card adoption as a mainstream payments solution has suffered due to the inability to set up direct debits and standing order instructions but the Secure Trust Bank prepaid card allows consumers to do this and is a real basic bank account – so much more than just a prepaid card.”
The Secure Trust Bank Prepaid Mastercard represents a real credit card alternative and there are no credit checks necessary which means guaranteed acceptance subject to identity & residency checks