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Tesco prepaid card helps in easy traveling without carrying cash. Its uses are many folds and can be felt only when one avails the facilities of the card. The application procedure of a Tesco credit card is also quite simple
A prepaid card is a kind of payment card that is pre loaded with one's own money which can be used anywhere at any time when needed and the payment is accepted everywhere, including the internet. The Tesco prepaid card is one such prepaid card. It is in fact the latest pre paid card to be launched in the United Kingdom. It is promoted as a safer and more convenient way to travel without cash and provides money in either US dollars or euros.
The Tesco prepaid card is a master card that is branded and is accepted wherever the brand mark of master card is accepted. In fact, since a person is not able to spend more than what one has loaded on to the Tesco card; one can be in complete control of the holiday expenses and spending. The Tesco prepaid card is rather a 21 st century product that replaces the traditional traveler's cheques or foreign currency.
However, quite unlikely to some travel cards carrying the brand mark of maestro card which have limited acceptance when traveling outside the United Kingdom, the Tesco prepaid card is fully branded MasterCard and is accepted at 26 million locations throughout the world.
Uses of Tesco prepaid card
The Tesco prepaid card is generally free but one has to load a minimum of $150 (depending on the currency one chooses). However one may also get a second emergency card for free. This card can be stored for use during times when the main card is lost or stolen. The Tesco prepaid card can in fact be reloaded on the Internet or over the phone for free by means of a debit card or a credit card and it requires no monthly fee.
The Tesco prepaid card provides customers with extremely competitive exchange rates and 0% commission when one loads the card with funds and so a person is able to earn more euros or dollars for the pound. This feature is not available in other prepaid cards or foreign currency bureaus. The Tesco prepaid card even though it has no monthly reload or purchase transaction fee, does have withdrawal fees on ATM cash. Hence if one withdraws ATM cash frequently, the person will be charged with some amount of withdrawal fees.
Application process of a Tesco prepaid card
The current Tesco terms and conditions do not lay down the maximum amount that may be withdrawn from the ATM. The application involved in the process of applying for a free Tesco travel card is possible at the Tesco prepaid money website. After an individual is done with all the necessary formalities, the Tesco prepaid card will be provided to him within a maximum of seven days. After the Tesco prepaid card is received, the person can then go to the Tesco website to get the card activated and avail the pin number.