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Overdraft Protection for your Mobile Phone!

May 1, 2007 by Will Park - Leave a Comment

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Orange introduces overdraft protection with Reserve Tank emergency credit programIt’s nice to have overdraft protection on your checking account. No worrying about getting charged ridiculous fees for going a few cents past your balance ($30 penalty for a $0.25 overdraft?!). Orange liked the idea so much that they are introducing their new “Reserve Tank” overdraft protection service on all their pay-as-you-go plans. But, instead of protecting you from outrageous overdraft fees, “Reserve Tank” makes available an extra £2.50 worth of minutes for emergencies (like running out of minutes in the middle of nowhere).

Orange users need only text “TANK” to “2002” to setup their “Reserve Tank.” When users don’t have enough credit to make a call, a simple call to “450” will open up access to the user’s “Reserve Tank.” Any credit used from the “Reserve Tank” will be deducted from the user’s next re-fill; with the caveat that calls will cost 20% more when using reserve minutes.

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