The RevolutionCard is a new credit card product issued by Revolution Money and First Bank & Trust, Brookings, SD, Member FDI. Revolution Money is a new payment network launched in 2007 which works similar to PayPal. There is another financial product from Revolution Money—the Revolution Money Exchange. The RevolutionCard is a PIN-based credit card which is believed to enhance the security with better identity protection. RevolutionCard is also dedicated to eliminate costly interchange fees for merchants and provide incentives and discounts to consumers.
So the RevolutionCard is a completely new credit card product. Right now the RevolutionCard is running a promotion from which you can get up to $100 for using approved RevolutionCard.
How to get the $100 bonus?
According to the promotion rules, you have to apply for the RevolutionCard between 11/15/08 and 1/31/09. Your card statement is credited $5 for each purchase of at least $50. This can be done up to 20 times for a maximum credit of $100. This promotion can be found at RevolutionCard website. The credit will be issued within 24 hours.
Of course, the question is whether the RevolutionCard is widely accepted by merchants. You can find a list of places that accept RevolutionCard as a payment method at here. Every place that has the RevolutionCard logo are accepting the RevolutionCard.
As listed in their website, the RevolutionCard is believed to have following features that are different from a general credit card (details of the credit card terms can be found at here).
- Credit card with flexible features
- PIN-based for greater control and security
- Instant rewards through merchant partners
- Competitive APRs
Each transaction requires your 4 digit PIN and neither your name or other personal data is listed on the card. This credit card also allows you to create temporary PINs for online purchases (virtual credit card).
Like other credit cards, the RevolutionCard is working with other merchants to issue co-branded credit cards. For example, there are Shoebuy.com RevolutionCard, Philadelphia 76ers RevolutionCard, and Philadelphia Phantoms RevolutionCard. Available RevolutionCard Credit Cards can be found here.
Popularity: 13% [?]
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January 10th, 2009 at 10:26 pm
Revolution Card
http://www.revolutioncard.com
Ohhhhhh, does this smell of mullet!
Murphy Oil, (WallyWorld’s gas stations) are posting ‘cash back’ notices on their pumps about this revolution card. Up to $50 cash back. $5 at a time with $25 purchases with at the pump savings.
The sign-up process went along OK here, but, in the snail mail today I get a letter wanting me to send the following back to them for credit card approval.
1. A copy of my drivers license or Gov. I.D.
2. An ORIGINAL pay stub dated within the last 90 days.
3. A ORIGINAL utility bill dated within the last 90 days.
Wellllll, THAT AIN’T HAPPENING!
Folks, these are scammers!
They’re phishing!
The sites info you give them AND THIS info above will allow them to steal your identity!
Don’t fall for this scam!
I’m reporting this immediately to the BBB.