Charter One Financial has introduced a disposable pre-paid cash card for use at MasterCard locations worldwide.
The FlexCash MasterCard card can be loaded with any dollar amount between $25 and $500. A card issue fee of $5.95 will be waived through the end of the year as part of an introductory promotion.
Mark Grossi, Charter One's executive vice president and chief retail officer, says: "The FlexCash MasterCard card is a terrific gift and ideal for customers traveling on business or vacation. It's also a smart alternative for parents to help their college-age kids pay for books without the worry of losing cash."