Mastercard Card

Published on 18 July 2012 by Raffick Marday

MasterCard Cards For Convenient Shopping

The Prepaid MasterCard is the ideal solution for paying bills, monthly subscriptions and easy shopping. A MasterCard can be taken by just giving identity and address proof and can be blocked in case it is stolen.

Generally, prepaid card is a reloaded card that is issued by a respective bank or financial institution to the user so that the cardholder can make payments for their purchases. Although prepaid cards are a bit similar to debit or credit cards, the main difference is that a prepaid card cannot be used beyond a particular amount of money. As the user can spend limited amount of money that is already deposited in the account, there is no interest amount charged on the prepaid card facility. There is no need to pay huge bills of shopping or purchases done after the cardholder has used the credit card.

The prepaid card actually looks like the normal debit or credit card; it has the signature strip, company branding and the card number engraved on it. These prepaid cards are usually the Prepaid Maestro or Visa MasterCard.

How To Get A MasterCard Card?

The user needs to provide the proof of his or her identity and address in order to apply for the prepaid MasterCard. The best part about getting a prepaid MasterCard is that the user does not need to provide credit history, credit checks or other personal information to get the facilities of MasterCard. Once the prepaid card is sent or given to the user, all he or she needs to do is to get the card activated by simply following the basic instructions that are provided by the respective card provider.

In case the user wishes to purchase a prepaid gift card to present it to some family members or friends, there is no need to even give the address and identity proof. However, the only shortcoming of the gift-prepaid cards is that they cannot be reloaded with any amount of value after the credit limit has been spent.

An ideal key

There are various different advantages that come along with a Prepaid MasterCard. They are:

  1. In case the user is traveling abroad, there is no need to carry cash or traveler’s check. By using a prepaid card, the traveler can enjoy the journey with a secured mind because the prepaid card can be instantly blocked in case it gets stolen or misused.
  2. The user can manage the funds for different purposes. While one card can be used for travel, the others can be used for online shopping purposes and everyday purchasing.
  3. Young members of a family can be taught to manage their accounts and money carefully as they will learn to spend only a limited amount of money that is deposited in the card. The credit balance can also be given over the Internet.

Attractive advantages offered 

The other excellent benefits that the prepaid MasterCard provides to its users include:

  • Easy online shopping
  • Everyday shopping
  • Adding value to mobile phones
  • Telephone ordering or mail ordering
  • Paying off pending bills
  • Paying monthly subscriptions
  • Easy withdrawal of cash from the ATMs
  • Serving as an alternative to the user’s bank accounts

Last but not the least, prepaid MasterCard can be conveniently reloaded with the desired amount of money to be used for other purposes. So, it is better to get a MasterCard as soon as possible and that too without paying any interest charges.

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