Bank Freedom Prepaid MasterCard Review

Bank Freedom Prepaid MasterCard Expense Card Review

Are your business expenses getting out of hand? Are you spending too much? If so, then the Bank Freedom MasterCard Prepaid Expense Card by MetaBank is a good option for you. Operating a business can be stressful and can often lead to abrupt financial decisions. This is where the Bank Freedom MasterCard Prepaid Expense Card comes in handy. This card acts like an expense manager. With the Bank Freedom MasterCard Prepaid Expense Card, you can pre-determine a withdrawal limit for your employees. The card has a limit of $20000. While this account will be for your employees, you will retain financial control of it. This prepaid expense card also allows you to monitor and manage all employee activities.

Bank Freedom Prepaid MasterCard Expense Card Overview

With this expense card, you will not have to worry about your credit history or excessive spending. Such cards do not require any credit history, because they only allow you to spend the amount of money that you have already put inside the card, thus there is no default risk. Because of this, there is also no need for a credit history check. The expense card can also be issued to all your employees, as it does not require any previous credit history/score from them too. In addition, since you have already set the withdrawal limit in the card, your employees will not be able to exceed it.

Bank Freedom Prepaid MasterCard Expense Card – Monitoring Features

With the Bank Freedom MasterCard Prepaid Expense Card, you will be able to monitor every transaction or activity with e-mail or text messages alerts. These alerts will inform you when, where, who and how much account activity has taken place. The issuer also provides a number of protection options, so that employees’ activities can be monitored online or over the phone. In addition, this card allows you to set different withdrawal requirements for different employees. The Bank Freedom MasterCard Prepaid Expense Card, unlike other prepaid cards, comes with very few charges.

Bank Freedom Prepaid MasterCard Fees

With this prepaid card, you will never have to worry about monthly fees or activation fees. In fact, there are no overdraft fees either. Once the funds are exhausted, the card’s use will no longer be allowed. This card also allows cost-free signature transactions, unlike other debit card issuers. With this card, you only have to bear the most necessary transactions costs. Moreover, in order to reduce such costs, you can use signature withdrawals rather than ATM withdrawals.

Bank Freedom Prepaid MasterCard Funds Insurance Features

With the Bank Freedom MasterCard Prepaid Expense Card, you will never have to worry about losing your deposits due to bankruptcy as all the deposits are insured by the Federal Deposit Insurance Corporation. In addition, the Bank Freedom MasterCard Prepaid Expense Card is also verified through several anti-fraud tools. These tools scan through each transaction, while looking out for unusual activity, in order to ensure the security of the funds. In the event of losing the card, you just have to call the financial institute, who will take care of the rest.

BankFreedom Prepaid MasterCard Ratings

This card has received an excellent user rating. You will undoubtedly be pleased with its features, terms and options, which are specially designed to cater to business-oriented individuals. Moreover, unlike other prepaid or debit cards, this card does not have any hidden cost/terms. This card also allows the users much flexibility in their fund management. In fact, many of the card users have witnessed a visible change in their financial management.

BankFreedom Prepaid MasterCard Customer Service

With the Bank Freedom MasterCard Prepaid Expense Card, your company will also be provided with professional support. For example, a team of accountants will help you to manage your business’ finances and employee spending, as well as compliance with financial requirements. Therefore, it is safe to say that this particular prepaid card is a worthwhile investment.

BankFreedom Prepaid MasterCard: How To Get The Expense Card

However, before applying for the card, there are some things you might want to note first. Firstly, the Bank Freedom MasterCard Prepaid Expense Card, unlike other debit cards, cannot be used to make bill payments. Secondly, this prepaid expense card has no effect on your credit score or rating. This means, that no matter how long and consistently you have been paying its charges, you credit score will remain the same. Hence, this card is not meant for those trying to improve their credit history. It is strictly meant for better fund management. Thirdly, ensure that you have all the relevant financial information so that you can be better advised about the best options for your business.
Many businesses find that this prepaid card allows them to manage their expenses in a fast, convenient and safe way. In addition, they also appreciate the professional support given. In the long run, the benefits provided by this card will certainly have a positive impact on the business’s performance and profit.

Resource

BankFreedom Card Website