How much money can be stored on a BanXcard?

Any amount between $10 and $2500. When the source of the loads are wages deposited directly on a BanXcard this total amount can be increased to $10,000

How do I obtain needed cash after my BanXcard is loaded?

You ask for cash back when purchasing merchandise.  Almost all chain grocery stores will give you amount up to $300

How do I transfer funds with a BanXcard?

Request a second BanXcard from customer service.  Send the second card to the person you want to receive the transferred funds. You can then ask for a “card to card transfer” for which there is a very nominal charge.  The funds recipient can then make an ATM withdrawal or use the card to purchase merchandise. . Transfers to Mexico can usually be accomplished by sending the funds to a card issued by a Mexican bank.  Cash can then be obtained from the Mexican bank.  Using a BanXcard is a low cost and efficient meethod of transferring funds.

ATM withdrawals in the US are usually in multiples of $20, what bills are dispensed from ATMs located in Mexico?

Usually 100 peso notes.

What are the advantages of having a BanXcard?

BanXcards are a safe place to store funds for later use. You are the only one that has access to your funds.

You can purchase merchandise almost anywhere. You can use your card to purchase groceries just like about everyone else.

You can transfer funds inexpensively.

Employers will load your wages on a BanXcard so you can avoid check cashing fees.

You can use your card to conveniently purchase prepaid cellular phone minutes or pay bills.

How soon after I store money on a BanXcard can the card be used?

Immediately.

How can I obtain a BanXcard?

Call customer service 800-634-9049 or send an email to info@banxcard.com.  A card with your name embossed on the card will be mailed to you immediately.  

Where can I load funds on a BanXcard?

There are thousands of locations in the US where funds can be loaded on your BanXcard.  After you obtain a card ask customer service the location nearest you where a card can be loaded.

 Who manages BanX, Inc.?

Alvin c. Rice, President, former Vice Chairman of Bank of America; Joseph J. Waechter, President, former President & CEO of DHL.;  Susan C. Rice, Secretary - Treasurer, former Deputy Treasurer, State of Colorado, Robert B. Moore, Director, President of Rechina., a multi-national holding company.  Click on “About Us” tab on the home web page.

What are the cardholder fees?

Cardholder fees are very low.  There is no fee when the card is used to purchase merchandise. There is a monthly maintenance fee of usually $2.95.  This compares to a service charge of about $8 for the most popular low balance bank checking accounts.