A Singapore-based company named First Meta has introduced the MetaCard, a Lindens ($L) dollar credit card that you can charge your Second Life purchases to. TechCrunch describes the different account levels offered with the MetaCard.
The MetaCard works in the same way as a normal first life credit card works. Applicants are provided with a credit limit and present the card when purchasing goods at merchants who accept the card.
MetaCard comes in two flavors: Basic and Gold. The Basic card is subject to a avatar check and provides a credit limit of L$5000 ($18.60) per month. A Gold MetaCard offers a credit limit of L$10,000 ($37.20) per month and can only be obtained by providing real world credentials and a real life credit card for automatic payments. Interest is charged at between 0.13% and 0.15% per day, which would we roughly 54% per annum, but compounding. Payments are 2% of the total amount used plus fees outstanding at the end of the month, and users have 21 days to make their monthly payment. MetaCard holders must also spend L$500 ($1.86) per month or face a monthly maintenance fee of L$300 ($1.12).
FirstMeta also offers MetaCard holders a savings account under the MetaSavings brand, offering interest rates of between 0.06%-0.09% daily.
You can also see the rates and read a faq on First Meta's website. Virtual TO Reality notes that "slexchange.com is noticeably absent" from the list of merchants accepting the card. You can read more discussion of the new card on Digital Money World, Second Life Insider, Wonderland and Epicenter.
A Singapore-based company named 
