Secured Offshore Credit/Debit card
This is a standard Credit/Debit Card issued out of a reputable offshore jurisdiction in a Tax Haven. It works just like any other Credit/Debit Card. Every month you receive a bill, which you either pay off in full avoiding any interest charges, or you can pay a proportion and roll over the rest. The billing currency is US dollars but you may settle your account in any currency.

However, the credit line you choose is secured by a deposit. You can choose any credit line between $1,500 and $50,000. The security deposit is 1.5 times the credit line (regular card) or 1.35 times the credit line (gold or platinum)

The deposit is held in trust by an authorized Bahamian bank and invested in government securities to earn interest for you. It will be returned to you when the card account is closed.

• The account can be held in the name of a corporation.
• Additional cardholders can be added.
• Anonymous wire transfers can also be sent from the card account.
• The platinum card offers many additional services such as airport lounge access.

Application Fees: An application fee of Eur 550 is payable at time of ordering. This is the same for any type of card (Regular, Gold or Platinum).

Annual Fees: The following fees will be billed on your first statement and annually thereafter.

Cash withdrawals are charged at 2%, minimum $5. Retail purchases are free.

Procedure:

1. Click on the apply on line link on the top of the left margin and send the application fee (Eur 550).
2. Enter the reference order: Credit/Debit Card.
3. On receipt of your order we will send you the application forms to sign. You must then send the deposit to the bank, and send the forms with:
   • Photocopy of passport (no certification required).
   • Bank reference letter; OR one reference from lawyer PLUS one reference from accountant (references may be addressed "to whom it may concern" so you do not have to tell referees what it is for).
   • For corporate accounts, copy certificate of incorporation.

Unsecured Offshore Debit Card
This card is issued on the worldwide ATM network, which is owned by Credit/Debit Card. It is accepted at almost every ATM worldwide and at millions of merchants (compatible with Plus, Switch, Eurocheque, EDC, Mister Cash etc) It is almost as acceptable as Credit/Debit Card, but can NOT be used for mail order, internet etc: it can only be used in person.

Instead of having a credit line and receiving a monthly statement, you simply prepay as much as you like (minimum just $350) and you can spend up to the amount you have prepaid. The main advantages are:

• no security deposit and no credit limit - you are free to spend as much as you pay in.
• no monthly bills to settle, so no need to worry about late payment charges or transfer fees.
• cheaper than a secured credit card.
• no references are needed to set up the account.
• passport copy required but need not be notarized
• The card is issued by a bank in an up-and-coming but low profile European financial haven.
• The billing currency is US dollars but you may pay into the account in any currency.

Application fees: there is an application fee of Eur 450.

This includes the first year's fee. After one year the annual fee will be $80. There is a 1.5% fee on cash advances and 0.5% on retail purchases.

Procedure:

1. Click on the apply on line link on the top of the left margin and send the application fee (Eur 450).
2. Enter the reference order.
3. On receipt of your order we will send you the card straight away, with the application form for signature.
4. You must return this together with:
   • A copy of your passport or other valid photo ID.
   • If the account is for a corporation, notarized copies of corporate documents are required.
   • A payment to the account of at least $350.
   • Nothing else! As soon as the bank receives this your card will be activated.

Virtual Offshore No Name No ID Credit Card
This is intended for people who want the convenience of a debit card, but need to use it for internet shopping such as subscriptions, site memberships etc. It can also be used for mail, telephone and fax transactions. It is ideal for people doing business on the internet where there is little personal contact only.

You will receive a valid credit card number and expiry date which you can use to charge goods and services.

You will not receive the card itself - this gets around the need for a security deposit. If at any time you wish to take physical possession of the card, you can do so by sending the bank a security deposit.

Application Fees: there is an application fee of Eur 1350

This includes the first year's fee and renewals will be charged at $190. There are no charges for purchases. The card is billed in US dollars but you can pay in any currency.

Procedure:

1. Click on the apply on line link on the top of the left margin and send the application fee (Eur 1350).
2. Enter the reference order: virtual no name, no ID credit card.
3. On receipt of your order the card number and expiry date can be made available immediately, and emailed to you.
4. No name and NO ID required period.
   • Comes with Eur 100 pre-loaded on your card.

NOTE: This is a highly innovative banking product, the first of its kind in the world. Think about how many times you actually physically show your credit card when you use it, and how many times you give the number over the phone, fax etc. A virtual credit card should be part of every PT's portfolio. It may not be available for ever so apply today!

Secured Offshore American Express Card
Although American Express is not quite as widely accepted as Credit/Debit Card, it is the preferred card of many frequent business travellers due to the enviable customer service and many other advantages such as:

• Network of travel offices (offering free maildrop facilities).
• Airline ticketing, re-confirmations, hotel reservations etc free of charge.
• Integrated global network.
• No pre-set spending limit.
• Emergency help line for medical or legal assistance.
• Worldwide cheque cashing service ($1000 per 21 days, or $5000 with Gold Card).
• Various free insurances.

The American Express Gold Card is an ultimate playboy status symbol, whilst others consider the classic Green card design, unchanged since the fifties, to be the ultimate in understated refinement.

We can now obtain American Express cards for clients which are issued with no credit check and no references, subject to a security deposit which will earn 3% interest per annum and will be returned when the card account is cancelled. The billing currency is US dollars. The cards are issued and billed direct by Amex in the UK, on the basis of a guarantee from the offshore bank holding the deposit.

Fees: there is an application fee of Eur 1,350 and a notarized passport copy is required by issuing bank.

The following fees will be billed on your first statement and annually thereafter:

Procedure:

1. Click on the apply on line link on the top of the left margin and send the application fee ($800).
2. Enter the reference order: amexcard.
3. We will send you the necessary application forms. These will need to be returned with:
   • A copy of your passport or other valid photo ID.
   • The security deposit.
4. Your card should then be issued within 2-3 weeks: enjoy!

PTClub's Hot Tip: Due to Amex's seamless global network, if you obtain a secured card now and pay promptly each month, you will probably be able to cancel it in a year or two's time and get an unsecured card.

Our Unconditional Guarantee: If you follow the procedures detailed above and your card application is rejected for any reason, you will receive a full and immediate refund of the application fees. No questions asked!