Big snag with the escape card

Topping-up the card by direct bank transfer can take 5 working days AFTER the transfer completes before the money reaches the card, says Customer Services.

Because "we are not a bank - we are a financial institution".

No mention of this severe limitation in the card docs e.g.
http://www.escape-prepaid-card.com/top-up-for-free-by-bank-transfer.html

:(

Comments

  • chrisjj_2
    chrisjj_2 Posts: 86 Forumite
    > Because "we are not a bank - we are a financial institution".

    Newcastle Building Society, specifically.

    Anyone know a MasterCard Prepaid card that doesn't have this snag?
  • SarahMoon
    SarahMoon Posts: 262 Forumite
    chrisjj wrote: »
    > Because "we are not a bank - we are a financial institution".

    Newcastle Building Society, specifically.

    Anyone know a MasterCard Prepaid card that doesn't have this snag?
    The cashplus prepaid card doesn't and they accept faster payments I believe
  • chrisjj_2
    chrisjj_2 Posts: 86 Forumite
    Thanks. I guess what we're looking for is a card issued by an actual bank.
  • SarahMoon
    SarahMoon Posts: 262 Forumite
    chrisjj wrote: »
    Thanks. I guess what we're looking for is a card issued by an actual bank.

    CashPlus is issued by Broadcastle bank in association with APS
  • chrisjj_2
    chrisjj_2 Posts: 86 Forumite
    Ah, perhaps then: a bank accepting Faster Payments :)
  • chrisjj_2
    chrisjj_2 Posts: 86 Forumite
    chrisjj wrote: »
    Topping-up the card by direct bank transfer can take 5 working days AFTER the transfer completes before the money reaches the card, says Customer Services.

    FTR, I observed

    FirstDirect . > escape
    2009-12-12 > 2009-12-15 05:15
    2010-01-04 > 2010-01-05 05:16

    i.e. one working day.
This discussion has been closed.
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