GBN Bancorp Prepaid MasterCard

Published on 8 September 2010 by Raffick Marday

The GBN Bancorp Prepaid MasterCard offers all the customers with a multi national money management solution. This prepaid Mastercard even caters full ATM access and efficient Chip and Pin securities.

Features and Benefits:

A minimal amount of €9.95 is required to activate your account and it remains valid for a span of 12 months.

The transaction fee for the cash advances in the Euro zone is only ₤6.00, pretty minimal compared to the others. Again, the international fee for cash advances outside the Euro zone is 2.00%. Apart from this, a foreign exchange handling fee of 2.50% is charged for all the transactions outside the Euro Zone.

An individual can certainly access the GBN MasterCard from any cash machine that displays the MasterCard acceptance mark worldwide. It includes shops, restaurants and various other establishments. The prepaid card can also be effectively used in the overseas market. However, before enjoying all of the above mentioned privileges, you must check whether an appropriate amount is loaded in your card.

A person should also keep in mind that the prepaid card is not at all a credit card and there hardly exists any sort of connection with your bank account. The prepaid card is generally an electronic money device and hence all the funds loaded into your account can be termed as electronic money, rather than a deposit.

With the gradual increase of various fraudulent activities and illegal transactions online, all of the prepaid Mastercards are now proffering with high security measures. And the GBN MasterCard is certainly not an exception in this regard. With its active chip and pin facilities, a card holder can feel himself/herself secured and relieved from all the adversities.

How to apply?

If you want to apply for a GBN Bancorp Prepaid MasterCard, you must exceed 18 years of age and should provide all the required evidences regarding your identity and residential address.


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