Ryanair launches prepay Mastercard
Ryanair chief executive Michael O'Leary. ANDREAS SOLARO/AFP/Getty Images
Tuesday November 25 2008
Ryanair have launched Ireland’s first prepaid MasterCard service which will allow users to make purchases in shops, restaurants and online.
The programme, which is unlike other prepaid services which are limited to online use, is in partnership with MCube Media and An Post, and is available through www.ryanairprepay.com
The card does not require credit checks or even a bank account and those who sign up will receive four free Ryanair flights as a well as a host of online discounts and cash back offers.
Ryanair’s Sinead Finn said, “Ryanair revolutionised the way people purchase airfares with 95% of our guaranteed lowest airfare purchased online.
"However, we recognise that not everyone wants, can get access to, or trusts themselves with a credit card.
"Today we launch Ireland’s first ever prepaid MasterCard programme. Our new MasterCard will allow everyone to carry a card which is accepted not only online, but also for traditional purchases in shops and restaurants.
"The application process is simple, the fees and charges are clear and for a new customers can pick up four free flights and a host of other great discounts and benefits by taking advantage of this service."
Ryanair Prepay, which costs €85 and attracts a reduced stamp duty rate of just €10 (compared to €30 for traditional MasterCard and Credit card products), allows users to place credit on their MasterCard through An Post, online or via mobile phone.
The card is ideal for those who wish to have the flexibility and convenience of a credit card but don’t want, or can not access a traditional credit card.
