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Monday, March 11, 2013

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George

A March 13, 2013 update:

http://chicago.cbslocal.com/2013/03/13/cta-says-new-ventra-system-wont-cost-riders-extra/
CTA Says Ventra System Won't Cost Riders Extra

A March 14, 2013 update:

http://www.chicagotribune.com/news/local/breaking/chi-cta-board-spars-over-cost-of-new-fare-plan-20130313,0,995083.story
CTA OK's New Fare Payment Plan Despite Questions

If you read both articles closely, you'll notice several Ventra fees mentioned:
- $5 monthly inactivity fee
- $5 processing fee

Like I wrote in the above article, it is important for consumers to closely read the terms and conditions and fee schedule policies with any prepaid debit card. There will likely be other fees embedded, as the banks take their cut.

George
Editor
http://ivebeenmugged.typepad.com

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