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Managing your everyday money
Looking for a home for your money because you don't have a bank account? Does your employer want to pay you via bank transfer? Want to keep some of your spending money separate from your current account and credit card?
MasterCard has the answer for you: prepaid cards for everyday money.
Prepaid cards can offer you an alternative way to manage your money. They're a great idea for people who like to set aside some of their money for a particular purpose or occasion. They're also ideal for people who are having difficulty opening a bank account or getting a credit or debit card. You'll need to present ID and address documents when you purchase these types of card, but that's all. No credit checks, no lengthy application process. And your MasterCard or Maestro prepaid card can be used wherever MasterCard or Maestro cards are accepted - that means millions of retail locations worldwide!
To find out more about the types of prepaid travel cards that are available, click here.
Prepaid cards for everyday money features at-a-glance:
- No credit check to obtain a card
- Can be loaded with cash at participating locations, or via bank transfer
- No line of credit with prepaid cards: so no borrowing and no debt
- More secure and convenient than either cash or cheques
- Internet access to balance, account information, and transaction history
- Can be used at millions of retail locations worldwide, at an ATM (cash machine), and over the Internet
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