A guide to Prepaid Cards by MasterCard
Choosing a Prepaid MasterCard
When it comes to finding the right prepaid credit card you are spoilt for choice these days as prepaid MasterCards are now a common card its just finding a MasterCard prepaid credit card to suit your needs.
You may or may not want a prepaid card based on particular features. If this is what you are after then you should look at the features of each card and consider those which are important to you, such as on-line account management, or the ways in which you can reload the card. Always look for a card with low fees and fewer charges – this will help when it comes to using the card and saving the most money.
Shopping around and comparing the different types of prepaid cards available is always a good way to get a top deal.
Pre-Paid UK offer ideal solutions
A prepaid card is an ideal solution for you if you:
- Want to give someone a gift - a MasterCard or Maestro prepaid card is more widely accepted than vouchers or store gift cards.
- You are going to be abroad and do not want the hassle of carrying large amounts of cash on your person. A prepaid card is more secure because it can be blocked if it's lost or stolen.
- Are looking to assist members of your family in learning more about money. One of the benefits of prepaid cards is that you can only spend the money you have on it, making it the perfect way to teach youngsters about how to manage budgets.
- Budget your money. Preloading your card with money could be a good way to manage your money by segmenting cash into different places.
- If you are having trouble opening a bank account or getting a credit or debit card for some reason. You don't need to pass a credit check to get a prepaid card.
Things that a prepaid card may be used for
- Everyday shopping
- online shopping
- Mail order and telephone order
- Topping up your mobile phone
- Paying bills
- Paying monthly subscriptions
- Withdrawing cash from ATMs
Benefits for MasterCard Prepaid Cardholders
MasterCard cards offer Convenience
- A pre pay card can be used wherever MasterCard and/or Maestro are accepted
- There are no credit checks when applying
Money management with MasterCard Prepaid
- Help you money your cash
- No interest charges on the card
- There's no danger of going overdrawn on the card. Once the money loaded onto the card has been spent, you can't spend any more until you've reloaded it
Security
- Carrying a pre-paid card is safer than carrying cash. The card can be blocked if it's lost or stolen
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