What are NatWest prepaid card account fees and charges
NatWest prepaid card
Natwest prepaid card? Applying for a NatWest prepaid debit card is as easy as one, two, three. Just follow these simple steps, and you are on your way to being the owner of a Natwest prepaid card.
Steps on How to Buy a Natwest prepaid card.
Step 1. Choose a provider (i.e., Visa or MasterCard).
- Step 2. Choose a method with which you want to obtain your
prepaid card: Online or In-store.
- Step 3. Go to the website of Natwest.
- Step 4. Check out the list of partner online card issuers.
- Step 5. Log on to your online issuer's site.
- Step 6. Fill up an application form.
- Step 7. Wait for the delivery of your card.
- Step 3. Go to any major supermarkets or grocery stores in your locality.
- Step 4. Look for the counter that issues Natwest prepaid cards.
- Step 5. Fill up an application form.
- Step 6. Load funds to your card.
- Step 7. Claim your Natwest card.
What Are the pros of Natwest prepaid card?
· You are able to rebuild or build your credit rating.
· Eliminate the need of writing checks, money orders and going to the post office.
· Avoid late payments.
· You can have a credit card just like your family and friends.
· Have your paycheck deposited directly onto your card.
· No need to bring around a bulky wallet full of cash every time you wish to purchase something.
· You can monitor your expenses monthly because your monthly bill gives you a breakdown.
What Are the cons Natwest prepaid card?
· Interest rates are high. We all have heard stories about a friend, a family member, or a friend of our friends having so many problems because of having a debt which he or she could not pay. This usually happens because of overlapping charges and interest rates.
· You may have to pay a monthly "maintenance" fee.
· You may not be able to rent a car (some car rental agencies do not accept prepaid credit cards).
· You have to put down a security deposit before you can use the card.
· Over the limit and late fees are usually higher.