According to the comments they only accept cash, so not very useful.
The Offer
- Ridgewood Savings Bank is offering no fee Mastercard gift cards. You can purchase in amounts of $10-$1,000
The Fine Print
- Monthly Inactivity Fee (after 12 consecutive months of inactivity): $2.95.
- Lost/Stolen Card Replacement Fee: $5.00. No charge for replacement cards at expiration.
- Fees subject to applicable law. Funds do not expire.
- For complete terms visit MyPrepaidBalance.com or call the number on the back of your card.
Our Verdict
I assume you need to have an account with Ridgewood to actually purchase these, but quite a few readers might be in that position as they frequently offer bonuses.
Hat tip to Danny Deal Guru
Damn, thought people had purchased with CC before but it looks like that’s no longer possible. Updated post.
What is the easiest way to liquidate these cards? Walmart im guessing?
The question is why would you do this since cash only?
1) Anyone can buy.
2) Cash ONLY.
I just called one of the branches in Queens and learned the following:
1. Gift card purchases can be made by anyone with a photo ID, including non-banking customers.
2. Only cash is accepted.
So much for MS.
Am I missing something over there? Can these cards be purchased with a credit card?