IPJukebox


NewWayCard

Fees

 Common Transaction Fees

Monthly Fee                      $2.95

Your card will be debited $2.95 every 30 days. If your card does not have the funds to cover this charge, the next time your card is funded, $2.95 will be deducted.

Companion Card             $2.95

Your card will be debited $2.95 when ordering a Companion Card.

Companion Card              $0.99

Your Companion card will be debited $0.99 every 30 days. If your card does not have the funds to cover this charge, the next time your card is funded, $0.99 will be deducted.

ATM Fee                              $1.75

ATM owners may charge an additional fee that will increase the cost of getting money from the ATM.

Note: When making purchases, cardholders can ask for cash back and pay only $0.50 cents.

Cash Back                            $0.50

After making a purchase, cardholders choosing to make a DEBIT purchase using their PIN can receive cash back from the cashier. The amount requested cannot exceed the balance on the card. Requesting an amount which is greater than the amount of cash on your card will result with your card be charging a FEE.

PIN Purchase                     $0.50

Cardholders choosing to make a DEBIT purchase using their PIN will be Charged $0.50 cents for every transaction.

Note: Debit = PIN

Cardholders choosing to make a CREDIT purchase DO NOT pay a fee for the transaction. Cardholders making a CREDIT purchase may be asked to sign a receipt before completing the purchase.

Note: Credit = Signature

 

Declined Transactions

ATM Transaction Denied              $1.50

Cardholders trying to get more cash from their card than is contained on their card will be denied at the time of the transaction.

Note: It is highly recommended that cardholders OPT-IN to receive text messages and alerts so they can be aware of their card balances at all times to avoid paying fees.

 

International Fees

Debit Purchases                               $1.50

Cardholders choosing to make a DEBIT purchase using their PIN outside of the US, will be Charged $1.50 for every transaction.

Note: Debit = PIN

Credit Purchases                              $1.50

Cardholders choosing to make a CREDIT purchase using their SIGNATURE outside of the US, will be Charged $1.50 for every transaction.

Note: Credit = Signature

 

Card Funding Fees

There are 3 ways to fund your NewWayCard:

·         Direct Deposit:                                 FREE

Your NewWayCard is an actual bank debit card. You can provide your employer with the required bank information to have your paycheck or a portion of your paycheck loaded on to your card every time you are scheduled to get paid.

·         Remote Deposit Capture: $5.00 or more

Funding your NewWayCard using remote deposit capture requires cardholders to download an APP from INGO to their smartphone. The APP can be found in the Google or Apple online stores. This APP allows cardholders to take a picture of their check which is automatically uploaded to the system to be loaded on to their NewWayCard.

To have funds immediately available, the FEE from INGO is $5.00 or 1% of the face value of the check is greater. If you can wait 10 days before accessing your money, this service is FREE.

·         Cash:                                     $3.74 – 5.95

Funding your NewWayCard with cash can be done using most of the available MasterCard friendly load networks. These networks include Western Union, Green Dot and Netspend.

Some merchants like Walmart and CVS drug stores will swipe your card at the counter and accept cash to fund your card. Western Union and Green Dot money paks require you to create an account online before loading cash on your card.

Note: Remember to OPT-IN to receive text messages and alerts so you can be updated of new load networks in your community to save time and money.

Additional Fees

Companion Cards                            $2.95

It cost $2.95 to order a companion card.

Card Replacement                          $10.00

It cost $10.00 to replace a lost or stolen card.

Card to Card Transfers                   Free

Card to card transfers are free, when you go to www.newwaycard.com and log in to your account.

Note: When calling customer service at 855-281-3502 and speaking to a representative to complete a card to card transfer there is a $2.95 charge.

ATM Balance Checks                      $1.50

Cardholders checking their balance at an ATM will be charged $1.50.

Note: Checking your balance is FREE when you go to www.newwaycard.com and log in to your account.

Paper Statement                             $1.95

If you order more than 2 statements in a 6-month period, there is a $1.95 charge for every additional statement.

 

Primary Card Transaction Limits

Purchase Limits                               $2,000.00 per day

Banking rules and regulations limit DEBIT and/or CREDIT purchases to $2,000.00 per day.

Cash Withdrawals                           $500.00 per day

Banking rules and regulations limit CASH withdrawals to $500.00 per day.

Card Funding Limits                       $5,000.00 per day

Banking rules and regulations limit CARD FUNDING to $5,000.00 per day.

Card to Card Transfer Limits        $5,000.00 per day

Banking rules and regulations limit CARD to CARD TRANSFERS to $5,000.00 per day.

Maximum Card Balance                $10,000.00

Banking rules and regulations limit CARD BALANCES to $10,000.00.

Companion Card Transaction Limits

Purchase Limits                               $1,000.00 per day

Banking rules and regulations limit DEBIT and/or CREDIT purchases to $1,000.00 per day.

Cash Withdrawals                           $500.00 per day

Banking rules and regulations limit CASH withdrawals to $500.00 per day.

Card Funding Limits                       $1,000.00 per day

Banking rules and regulations limit CARD FUNDING to $1,000.00 per day.

Card to Card Transfer Limits        $1,000.00 per day

Banking rules and regulations limit CARD to CARD TRANSFERS to $1,000.00 per day.

Maximum Card Balance                $1,000.00

Banking rules and regulations limit CARD BALANCES to $1,000.00.

 

The NewWayCard is issued by Metropolitan Commercial Bank, a member of the FDIC, pursuant to a license from MasterCard International Inc. “Metropolitan” and Metropolitan Commercial Bank are registered trademarks of Metropolitan Commercial Bank copyright 2014. Use of the NewWayCard is subject to the terms and conditions of the Cardholder Agreement and fee schedule, if any.