Not sure what to say about the Rush Card because I never had one, but the reviews I’ve gotten have been mixed at best. The main complaints have been hidden fees as noted in the article.. At the same time, one needs to be aware that many of the so called regular cards also have their shady practices.. They range from suddenly moving due dates wit the hopes that you will not notice. Afterwards they wound up charging you big time interest as well as extra fees.

The so called regular cards have raised or added yearly fees. Mine went from 0 to $45 after the financial reform bill was passed. Many have also significantly increased minimum payments….

This is not to absolve Russell and his Rush Cards, if they are guilty of wrong doing, but we should be aware that the entire financial industry is in need of a major overhaul..In short no one’s safe..

-Davey D-

Below is an article from Mybanktracker.com detailing the investigation into Rush Cards 

The Florida Attorney General’s Office has issued subpoenas against five prepaid debit card companies claiming they may be forcing consumers to pay hidden fees each time they make a purchase.

 Subpeonas were issued against five prepaid card companies including the makers of the RushCard, a company owned by Def Jam co-founder and hip hop mogul Russell Simmons. The investigation, which is being overseen by Florida Attorney General Pam Bondi through the Economic Crimes Division, will determine if some of these companies misrepresented their products by promising to improve credit scores.

First Data Corporation, Green Dot Corporation, Account Now, Inc., Netspend Corporation and Simmons’ company, Unirush Financial Services, LLC were all named in a press release issued by the Florida Attorney General’s office last Thursday.

continue reading article..http://www.mybanktracker.com/bank-news/2011/05/26/florida-attorney-general-issues-subpoenas-russell-simmons-rushcard-prepaid-card-issuers-hidden-fees/