ANZ, Australia’s fourth largest bank
by deposits, has joined forces with social networking site MySpace
to launch a prepaid Visa card aimed at both the youth segment and
non-card holders.

Described as Australia’s first reloadable
prepaid Visa card designed to offer benefits exclusively for social
networking site users, the reloadable MySpace Recharge Card has a
maximum available balance of A$1,000 ($833) and a card issue fee of
A$5.95.

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The card allows users of the social network to
top up their mobile prepaid credit via an application found on the
MySpace site. Holders can also use the card to withdraw cash from
Visa-ready ATMs.

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