RadioShack offers discount on purchases made with federal stimulus check or IRS refund

by PegNews wire

FORT WORTH — Fort Worth based RadioShack Corporation announced that customers who use their stimulus or IRS refund checks in amounts of $50 to $2,500 as a form of payment at their neighborhood RadioShack store between May 4 and July 12 will receive a 10% discount. As an added value, customers will not be required to commit the entire amount of their federal stimulus or IRS refund checks to the consumer electronics retailer. Any remaining unspent balance will be placed on a Vision Silver Prepaid MasterCard card that can be used wherever MasterCard cards are accepted.

RadioShack will not charge a check or card activation fee when customers use part or all of their federal stimulus or IRS refund check to make a purchase. There are no product exclusions for the discount offer and customers may convert their Vision Silver Prepaid MasterCard card into a permanent personalized prepaid card if they so desire. Customers may obtain more information from their neighborhood RadioShack store beginning May 4.

RadioShack hopes that its offer will appeal to those without a checking account who rely upon check cashing services with fees as high as 3-5%.

Source: RadioShack Corporation