ykards.com FAQ

What is Ykards.com?

Ykards.com presents itself as a membership service offering a closed-loop digital MasterCard® that provides an instant 10% boost on money loaded onto the card, up to a £100 bonus each month, for spending at over 140 UK online and high-street retailers.

How does the 10% boost work on Ykards.com?

Users load money onto their Ykards digital card, and the website states they instantly add an extra 10% to the loaded amount.

This bonus is capped at £100 per calendar month and applies to the first £1,000 deposited within that month.

Is Ykards.com ethically permissible in Islam?

No, Ykards.com is generally not considered ethically permissible in Islam. The 10% instant boost on loaded money is akin to riba (interest), which is strictly forbidden as it constitutes a guaranteed return on capital without genuine risk-sharing or a tangible underlying transaction. Ykards.com Trustpilot Reviews Overview

What is a “closed-loop” digital MasterCard®?

A “closed-loop” digital MasterCard® means the card is only accepted at a specific, predefined network of merchants, in this case, over 140 selected UK retailers, rather than being universally accepted like a standard open-loop credit or debit card.

What are the main benefits promoted by Ykards.com?

The main benefits promoted are the instant 10% boost on top-ups, the ability to stack these savings with existing retailer deals, the convenience of a digital-only card integrated with Apple Pay and Google Wallet, and access to a wide network of UK retailers.

What is the pricing structure for Ykards.com membership?

The pricing information on the Ykards.com homepage is confusing, stating: “£69 First month £29.99 then £69 each month.” This suggests a varying monthly fee, but the exact sequence is unclear.

Does Ykards.com offer a free trial?

Yes, Ykards.com explicitly offers a free 7-day trial to new members to allow them to experience the service.

Who is the card issuer for Ykards.com?

Ykards.com states that the closed-loop digital MasterCard® is issued by “FCA-regulated issuer, Park Card Services Ltd.” Centricfiber.com Pricing

Is Park Card Services Ltd a legitimate entity?

Yes, Park Card Services Ltd is a legitimate entity that is regulated by the Financial Conduct Authority (FCA) in the UK.

However, their regulation does not automatically extend to all aspects or promotional claims of Ykards.com’s business model.

Can I use the Ykards digital card at any store?

No, the Ykards digital card is a closed-loop system and can only be used at the specific network of over 140 UK online and high-street retailers partnered with Ykards.com.

How new is the Ykards.com domain?

The ykards.com domain was created very recently, on July 12, 2024, and is registered for only one year, expiring on July 12, 2025.

What contact information is provided by Ykards.com?

Ykards.com provides an email address ([email protected]) and a UK phone number (+44 330 822 0969) for customer inquiries and support. My Experience with 48hourprint.com

Is the “Trustscore 4.7” on Ykards.com independently verifiable?

The “Trustscore 4.7” displayed on Ykards.com’s homepage does not come with a direct, verifiable link to an independent review platform like Trustpilot.

Its source and authenticity cannot be independently confirmed from the website.

What are some common issues users might face with services like Ykards.com?

Potential common issues include confusion over ambiguous pricing, problems with bonus application or limits, restrictions due to the closed-loop merchant network, and challenges with customer service or the cancellation process.

Does Ykards.com have an app?

The website indicates the digital card integrates with Apple Pay and Google Wallet, suggesting mobile use, but it doesn’t explicitly mention a dedicated Ykards.com app.

How do I cancel my Ykards.com membership?

Ykards.com provides a “Cancel my membership” link on its homepage and navigation menu, implying a process for users to terminate their subscription. Keysfan.com Reddit Discussions – What Real Users Think

However, the specific steps and terms are not fully detailed on the main page.

Are there any welcome bonuses beyond the 10% boost?

Yes, Ykards.com mentions a “£15 Welcome Top-Up” during a “limited campaign,” offered after a user’s first payment if they stay past the 7-day trial, stacked on top of the 10% bonus.

Why is interest (riba) forbidden in Islam?

Interest (riba) is forbidden in Islam because it is seen as an unjust enrichment obtained without genuine effort or risk, leading to economic inequality and an unfair distribution of wealth.

What are ethical alternatives to Ykards.com for Muslims?

Ethical alternatives include using legitimate cashback sites (e.g., Quidco, TopCashback), effective budgeting tools (e.g., YNAB), using digital debit cards for transactions (e.g., Revolut Standard Account, Wise), and seeking out genuine, Sharia-compliant discounts directly from retailers.

What should I look for when evaluating the legitimacy of a new online financial service?

When evaluating legitimacy, look for clear and comprehensive terms and conditions, transparent pricing, verifiable contact information, a long-established domain registration period, independent third-party reviews, and clear disclosure of the operating corporate entity and its regulatory status. defensivedriversinstitute.com Customer Support Review