Lawn Care Business Forum Lawn Care Business Book Lawn Care Business Blog Lawn Care Software
Home Forum Contract & Flyer Templates Blog Software Videos Podcast Calculators / Estimators Store Mower Review Design It Yourself Lawn Business School

Go Back   GopherHaul Landscaping & Lawn Care Business Marketing Forum > Just starting your lawn care or landscaping business? > Starting a lawn care business.

Starting a lawn care business. How to start a lawn mowing business, lawn care business, or landscaping business. If you are starting a lawn care business, ask your questions here.

Prepaid Credit Cards


Starting a lawn care business.

How to start a lawn mowing business, lawn care business, or landscaping business. If you are starting a lawn care business, ask your questions here.
Reply
 
Thread Tools Search this Thread
  #1  
Old 01-25-2008, 07:32 PM
StartALawnCareBusiness's Avatar
StartALawnCareBusiness StartALawnCareBusiness is offline
Keith
 
Join Date: May 2007
Posts: 731
Rep Power: 0
StartALawnCareBusiness is on a distinguished road
Default

I was at Walmart last week and saw a display for prepaid credit cards at the checkout.

Has anyone used those? I believe you top them up with money and then you can use them just like a regular credit card.

They might be a good idea for new business owners to help keep their business expenses separate from personal purchase. Also, if you only keep $100, or so, in the card it will help keep you on your budget.

Also, would it be a good idea to give employees so they can use them for fuel purchases?

I am not sure if there is a cost to these or if there is a transaction fee.

Let me know what you think.

Keith
__________________
Start a profitable lawn care business.
Reply With Quote

Stop guess-timating. Learn how to estimate and make money! $$$
Mow Time Estimator Lawn Care Price Estimator Mulch and Topsoil Calculator Snow Plow Estimate Calculator


  #2  
Old 01-25-2008, 08:34 PM
Steve's Avatar
Steve Steve is offline
Administrator
 
Join Date: May 2003
Posts: 37,979
Rep Power: 10
Steve has disabled reputation
Default

Lawn care business tipsLawn Care Business Book
Those are some good ideas!

Here is an article on this product Walmart is offering.

There is a monthly fee and it costs money to reload the card.

What's your view on these fees?

Wal-Mart moves into banking with debit card - Wal-Mart, furthering a lucrative push to offer financial services to its customers, will sell prepaid Visa debit cards that would allow millions of low-income shoppers who donít have bank accounts to keep up with an increasingly cashless society.

The Wal-Mart MoneyCard costs $8.95 to buy and $4.95 for monthly maintenance. Cash can be loaded on the card for free by cashing a payroll or government check at Wal-Mart or direct depositing. Otherwise it costs $4.64 to reload the card.
__________________
- Subscribe to my Lawn Care Marketing Blog Feed and get daily tips sent to you. Free!
Download your Free trial of Gopher Lawn Care Software.
Reply With Quote
  #3  
Old 01-25-2008, 10:56 PM
FourSeasons FourSeasons is offline
Members
 
Join Date: Sep 2007
Age: 33
Posts: 558
Rep Power: 9
FourSeasons
Default

[quote]They might be a good idea for new business owners to help keep their business expenses separate from personal purchase[code]

Why not just get a seperate business account with a debit card linked to it?
__________________
Rob
Green Image Lawn & Landscape

\"If you don't feel the same way about Friday nights as you do Sunday nights, then you are not doing the right thing.\"
Reply With Quote
  #4  
Old 01-25-2008, 10:57 PM
StartALawnCareBusiness's Avatar
StartALawnCareBusiness StartALawnCareBusiness is offline
Keith
 
Join Date: May 2007
Posts: 731
Rep Power: 0
StartALawnCareBusiness is on a distinguished road
Default

Quote:
Originally Posted by [b
Quote[/b] ]The Wal-Mart MoneyCard costs $8.95 to buy and $4.95 for monthly maintenance. Cash can be loaded on the card for free by cashing a payroll or government check at Wal-Mart or direct depositing. Otherwise it costs $4.64 to reload the card.

They sound like a great idea...FOR WALMART.

Not only do they deposit your money into an interest bearing account and keep the interest, they also charge an initial fee of $8.95 and a monthly fee of $4.95. That seems excessive.

If these cards were free, I would probably use them often. Walmart would still make money on the interest they make on my money.

Since there are such high fees, I'll have to pass.

Keith
__________________
Start a profitable lawn care business.
Reply With Quote
  #5  
Old 01-26-2008, 12:19 AM
realhuntin
Guest
 
Posts: n/a
Default

My Insurance Co. offers a Prepaid Visa I got one for the fact is that I don't keep money in it unless I know I'm going to use it, mostly for eBay and Internet purchases. This way I don't have to use any real credit cards, I don't mind giving out the PPCC info I just wont no matter how secure the site my be give out real CC info.

The PPCC only charges 3$ for loading, 2$ per month service fee, 1$ per transaction, so the rates are cheap. no other fees.

I think Wal-Mart is just trying to find another way to get into your pocket with these PPCC. Charging high load fees, monthly service fees and etc, seems as if every business of this type is jumping on pp-cc band wagon scam.

This just doesn't seem right to me.
Reply With Quote
  #6  
Old 02-02-2009, 04:22 PM
c4trash c4trash is offline
Cash4Trash
 
Join Date: Apr 2007
Location: New Zealand
Posts: 52
Rep Power: 10
c4trash
Default

Quote:
Originally Posted by StartALawnCareBusiness View Post
I was at Walmart last week and saw a display for prepaid credit cards at the checkout.

Has anyone used those? I believe you top them up with money and then you can use them just like a regular credit card.

They might be a good idea for new business owners to help keep their business expenses separate from personal purchase. Also, if you only keep $100, or so, in the card it will help keep you on your budget.

Also, would it be a good idea to give employees so they can use them for fuel purchases?

I am not sure if there is a cost to these or if there is a transaction fee.

Let me know what you think.

Keith
There are two types available over here
The first option is for people who cant get a credit card
1 is a Prepaid Prezzy Card (Visa) its not rechargeable
You buy a certain value i.e $25 and pay a additional fee of $5 regardless of how much is loaded
Its normally available from outlets which supply postal services
Pros are It can be used most outlets or online which accept Visa
Cons are Always ask or check with merchant first some wont accept them because the cards don't identify the person making the transaction by name
TradeMe and my ISP don't accept them
I used mine on PayPal to pay an account and now there is a problem because I have setup an account as Prezzy Card no one else can use it
If I need to top up Paypal I just buy a new card and top up
In anticipation of later issues I opened a separate PayPal account in my own name which I have linked to my bank account
if you are going to take them check with your bank if they accept them

2 Some banks have an option called a debit card which allows you to use your eftpos card as a credit card
Under this system I understand your credit is limited to the amount in your account
Hope this helps
__________________
Cash4Trash

Property Services
Reply With Quote
Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump

» Recent Threads
  RatingTitle, Username, & Date Last Post Replies Views
Best Push Mower You Have...
markty
05-14-2016 03:46 PM
Today 06:28 PM
by mowandblow1980
26 941
Chemical Applications
acrajchel
06-24-2016 06:44 PM
Today 05:12 PM
by acrajchel
4 101
3 Applications or 5...
stansg1fresh
02-18-2013 12:02 PM
Today 04:59 PM
by acrajchel
8 1,461
Is it too late?
Cpadgett
05-28-2016 09:10 AM
Today 11:07 AM
by mowandblow1980
13 551
Business Overload
Chilehead
05-06-2016 09:27 PM
Yesterday 03:41 PM
by SGL1
20 834
Spot checked by...
Just for Cuts
06-28-2016 02:34 PM
06-29-2016 05:14 PM
by Steve
2 55
Great Arborist Ladder
SGL1
06-04-2016 09:56 AM
06-28-2016 08:04 PM
by mowandblow1980
11 433
Newbie
Jhoell
06-25-2016 03:28 AM
06-28-2016 02:11 PM
by Chilehead
2 79
Say Hello !!!
Steve
03-19-2007 11:18 AM
06-28-2016 11:02 AM
by Brownieboy
1,253 438,402
Hello Everyone
JohnsLawnCare
06-22-2016 11:14 AM
06-28-2016 08:36 AM
by Steve
13 267
Firefighter gone Lawn...
Firehouselawn@hotmail.com
03-10-2016 04:50 PM
06-24-2016 07:26 PM
by acrajchel
9 10,134
Exmark Turf Tracer
acrajchel
02-01-2014 11:34 AM
06-24-2016 07:23 PM
by acrajchel
5 2,159
Rubber mulch...
avetslawncare
06-24-2015 09:28 PM
06-24-2016 06:59 PM
by acrajchel
7 3,060
Ybravo 25 mowers
SGL1
06-11-2016 09:52 AM
06-21-2016 03:44 PM
by acrajchel
5 311
Help a Brother Out -...
Hedgemaster
01-23-2012 04:19 PM
06-17-2016 08:28 AM
by SGL1
94 34,527
anyone interested in a...
GoGreenerKS
06-16-2016 01:00 PM
06-17-2016 02:58 AM
by SC93
4 185
Prolin
rmccutchan
05-21-2016 04:53 PM
06-16-2016 05:28 PM
by acrajchel
3 340
Laying new grass, Sod...
WarriorLandscapingCAN
05-23-2016 10:07 AM
06-16-2016 05:27 PM
by acrajchel
2 332
Upgraded to a new mower
Stevenor92
05-17-2016 08:17 PM
06-16-2016 05:22 PM
by acrajchel
9 566
How can I fix my...
WarriorLandscapingCAN
06-10-2016 07:47 PM
06-16-2016 05:19 PM
by acrajchel
2 249
Need a lil help
Cpadgett
06-05-2016 09:51 AM
06-16-2016 05:17 PM
by acrajchel
5 384
help with sole...
greenbuds
03-24-2016 12:21 PM
06-16-2016 05:01 PM
by acrajchel
4 9,785
New Member from...
tiptoppmanager
06-15-2016 07:39 AM
06-15-2016 03:18 PM
by SC93
2 181
Brand new fish pond
Flynn landscaping 2016
06-12-2016 09:53 AM
06-13-2016 11:21 AM
by Steve
1 161
Whats up??
Cpadgett
05-27-2016 10:57 AM
06-06-2016 08:46 PM
by Cpadgett
11 528
New Member from Texas
NathanR
06-02-2016 06:13 PM
06-03-2016 09:17 PM
by SC93
7 343
Edging Fad...
Tree geek
05-10-2016 11:29 PM
06-03-2016 07:02 PM
by SGL1
3 521
To mow weekly or Biweekly
WarriorLandscapingCAN
05-11-2016 04:09 PM
06-03-2016 06:42 PM
by SGL1
11 805
Your Time Lawn Care
yourtimelawncare
05-31-2016 01:12 PM
06-02-2016 10:11 PM
by SC93
2 299
Powered by vBadvanced CMPS v3.1.0

All times are GMT -5. The time now is 06:31 PM.


(C) 2011 Riggs Publications - Terms of use & Privacy Policy

All times are GMT -5. The time now is 06:31 PM.

(C) 2011 Riggs Publications - Terms of use & Privacy Policy