As covered last week at GhettoIFE.com, the Ryanair PrePaid MasterCard rates were announced.
Well this week, Which? (the consumer group) has branded the card as “An Insult” to it’s Ryanair’s customers.
Or to quote Which? fully they belive the card is “insult to UK consumers who have little opportunity to avoid such fees”.
Ouch.
Ryanair argue the card will be more accessible, and available for purchase on it’s website.
From November 1st 2011, the only way to avoid paying a booking fee when flying Ryanair will be to use their specific pre-paid MasterCard. Up until then, Pre-Paid MasterCards of all sorts will be accepted.
It’s worth at this point running through the fees you’ll face to avoid the £6 per leg administration fee.
- A £6 fee for applying for the card – reimbursed in the form of Ryanair vouchers when you buy your first flight.
- A £2 fee when withdrawing money from an ATM
- A £4.00 fee for an o over the counter withdrawall
- A £0.50 for using the card to pay for a purchase in the UK after the first six months the card is issued
- You have to load a minimum of £150 onto the card.
- Non use fee of £2.50 a month
- Negative balance fee of £10.00.
- Want to buy off the card in a Foreign Country? That’s 5.75% per transaction. (A Visa Credit Card will normally levy 2.75%~3%)
Which? has it’s full rundown at http://www.which.co.uk/news/2011/10/ryanair-launches-costly-cash-passport-prepaid-card-266880/
My advice remains the same from my last post- I believe this is what is called “business and profitability” in some places… and in others “Taking the mick”. I’ll leave you to work out which is which.
