RushCard Releases App For The Smartphone Circuit

Wednesday, September 21st, 2011
Updated: September 21st, 2011
The content is accurate at the time of publication and is subject to change.

For the RushCard users out there on the go, they now have another option available to them for their mobile banking needs. RushCard has just come out with their planned new application for several major smartphones, which will let users who choose to install it, manage their finances easily all from the palm of their hand.

The two smartphones they have have fixed in on are the popular competitors Android and iPhone.

RushCard is not the first company to have created such applications; popular financial institutions Chase and Bank of America have already made the smartphone app move themselves. The app will simply let users use their phones to see their account information more conveniently.

Maybe you are not previously familiar with the “RushCard” system. Here’s what it is, according to a blog post by the Android enthusiast website Androinica:  “the prepaid Visa debit card service endorsed by music mogul-turned-entrepreneur Russell Simmons, is a fee-based charge card that uses only funds deposited by cardholders.”

They are located out of Cincinnati and “offers the more than 60 million Americans without access to a traditional banking relationship an array of basic financial services via the Prepaid Visa RushCard,” as their respective press release explained.

The demographic of such a card is the younger generations, i.e. college students and those typically starting off on their first debit account (hence, they are drawn into the world of prepaid and debit cards). Not only that group is enticed to use the RushCard, but people that need to “remittances to family members as a way to access money without having a checking account or credit card,” as stated by Androinica.

In a press release issued by the Visa-backed prepaid debit card company, Ram Palaniappan, the president said that “the Android and iPhone apps are yet another channel we’ve provided to members to help them manage their money on the go.”

In order to use the application, it’s downloadable from the Android market; simply establish a username and password or use your existing Rushcard account. It works for Androids 1.6 or higher models.

As per iPhones, all a user needs to do is go to the app store at the Apple website and install from there, as they would do with nearly any other app out there for smartphone use.

All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.

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