ADVCash: Closure of the Wave Crest Card Program

Do you have money on your advancedcash mastercard?

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Here is the e-mail from WaveCrest I received today

  Dear Cardholder, We regret to inform you that from the 27 February 2018, we will no longer be able to service your MyChoice Prepaid Debit Card.  

You should, therefore, use up or remove any balance on your card before that date. We will block the loading of new funds to your card effective immediately to help avoid any balance remaining on your card. You will be able to request that any remaining balance on your card after 27 February 2018 be refunded to you in line with the Cardholder Agreement.  

 Unverified cards must be verified in order to be eligible for a refund. Please note that any funds that remain on your account after this date will continue to be subject to the terms of the Cardholder Agreement (other than as set out in this email).  You can find the Cardholder Terms here. Please also note that we have taken the decision to set new daily ATM limits to EUR 1000/USD 1000/GBP 800 for transaction inside the SEPA region; transaction outside of SEPA will be limited to EUR 500/USD 500/GBP 400. We apologize for any inconvenience caused. 

If you have any questions, please contact us at support15@mychoicecorporate.com.
Kind regards,
WaveCrest     


Here is what AdvancedCash writes on their own website 

23 January 2018

Closure of the Wave Crest Card Program

 Unfortunately we have to let you know that Wave Crest, our current card solution provider, is unilaterally shutting down our card program. New virtual and plastic cards are no longer issued to any users whether or not they are EEA/SEPA area residents.  

 Please make sure you have read and understood the info below: 

 - plastic and virtual card loads have been disabled- all existing plastic and virtual cards will be closed on February 27, 2018- currently ATM withdrawals are allowed with a daily limit of EUR 1000 / USD 1000 in SEPA countries and EUR 500 / USD 500 outside the SEPA zone- there are no new limits concerning POS transactions in shops 

 All plastic and virtual cards will be reissued for free after we implement the card platform from our new provider which is about to happen soon. 

 We appreciate your understanding and cooperation and we apologise for any inconvenience caused. 

Hope that they will soon be ready with a new vendor so that Wallet can be used to transfer to a new card.


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