VisaBuxx is the closest cash equivalent I have found so far. However, as stated above, you can only use Visa and MC to fund a VisaBuxx card. Visit www.visabuxx.com for more information.

Basically, a VisaBuxx card is a stored value card that is funded with a Visa or MC credit card. The three biggest restrictions with a VisaBuxx are 1) the funding limits, 2) the cash withdrawl limits, 3) the fees. You can oversome each of theses issues the following way: 1) create multiple cards, although this requires social security numbers for each user, 2) "buy" money orders to suppliment the cash withdrawl limitations, although this raises the total fees, 3) use a card that is best for you given where you live and how you plan to fund it.

For me, I have a couple of B of A VisaBuxx cards. Each card can be funded with a maximum of $35,000 in spend per year for $150 to $250 in fees. The best application for this is my SWA Visa card. My two cards will generate 4 Rapid Reward vouchers for appx $400 in fees. More importantly, it will also generate a companion pass for my wife.


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