MasterCard MoneySend Prepaid Card Review:
The MasterCard MoneySend Prepaid Card is just one of many MasterCard prepaid debit cards. This card allows the cardholder to both receive and send money from anywhere in the country simply by using the mobile phone. As this is one of the cheapest and easiest ways to send or receive money, this card is a good option for someone who constantly deals with and relies on money transfer.
As you have probably guessed, the features of this prepaid debit card are somewhat limited because of the nature of the card. This card is considered to be customized for two types of people. The first type consists of those who do not want anything to do with a bank account and prefer a prepaid debit card instead, which in a way works exactly the same way as a bank account does, with the obvious added benefit of being able to send or receive money via your mobile phone. The second type consists of those who have no problems with keeping their bank accounts active, while using a prepaid debit card. The main and probably the only reason why a person like this opts for the MasterCard MoneySend Prepaid Card is because of its special money transfer feature. This card has received a lot of praise by people who work in the foreign exchange and money transfer business because it has allowed them a lot more flexibility in their business.
Nonetheless, this feature does not have to benefit only those who work in the money transfer industry, because it is very likely that others would also require a quick and easy method for money transfer. For example, suppose that you are out shopping for something extremely important. However, just before you are about to pay, you realize that the balance on your prepaid debit card is not sufficient to make the purchase. Imagine how handy this quick money transfer feature could be. Instead of having to use your credit card, an act that every credit card holder dreads, or having to go home empty handed, why not message your dad or brother to transfer you the required amount, which you could easily return to them when you get the money? It is as simple as that, which is why MasterCard MoneySend Prepaid Card has never restricted itself for just a particular type of customer.
In addition, this prepaid debit card allows full access to ATMs around the world wherever MasterCard debit cards are accepted. This also applies for international purchases. For example, if you are on an international vacation, there should be no problem in using this prepaid debit card to help meet your expenses.
If you look at ratings given to this card such as that given by the Better Business Bureau, you would have no second thoughts about getting the MasterCard MoneySend Prepaid Debit Card. Even though its features are not extraordinary, they are more than sufficient to help you meet your basic needs. Moreover, the lack of certain features is also one of the biggest reasons why the fees and costs of this prepaid debit card are comparatively lower. The top-up options are probably the most diverse and easiest of any prepaid debit card that you have ever heard about, and there are not many, if any, out there that offer the option of money transfer via your mobile phone. This is why this card has been given a good rating of 4 stars out of 5.
The MasterCard MoneySend Prepaid Debit Card has no activation fees. The monthly fee is only $1.95, which is relatively low as compared to other debit cards. This card also allows signature transactions and PIN transactions for free. The card has a maximum limit of only $2500, which might be considered by many to be too low. Nevertheless, if you think about the fact that you can withdraw and deposit money onto the card whenever you please, this more than makes up for this shortcoming. Moreover, it is not often that you will spend more than $2500 on any given day. If so, you are probably a major spender, and this card might not be for you.
The card’s fees for withdrawals and balance inquiry are $1.95 and $0.95 respectively. This can be considered a bargain as compared to other debit cards. In short, you should seriously consider this great debit card, especially if you plan on using it for money transfer, as well as meeting your most basic debit card needs.
The MasterCard MoneySend Prepaid Card is just one of many MasterCard prepaid debit cards. This card allows the cardholder to both receive and send money from anywhere in the country simply by using the mobile phone. As this is one of the cheapest and easiest ways to send or receive money, this card is a good option for someone who constantly deals with and relies on money transfer.
Limited MoneySend MasterCard Features As A Result:
As you have probably guessed, the features of this prepaid debit card are somewhat limited because of the nature of the card. This card is considered to be customized for two types of people. The first type consists of those who do not want anything to do with a bank account and prefer a prepaid debit card instead, which in a way works exactly the same way as a bank account does, with the obvious added benefit of being able to send or receive money via your mobile phone. The second type consists of those who have no problems with keeping their bank accounts active, while using a prepaid debit card. The main and probably the only reason why a person like this opts for the MasterCard MoneySend Prepaid Card is because of its special money transfer feature. This card has received a lot of praise by people who work in the foreign exchange and money transfer business because it has allowed them a lot more flexibility in their business.
MoneySend Prepaid Debit MasterCard Money Transfer Feature:
Nonetheless, this feature does not have to benefit only those who work in the money transfer industry, because it is very likely that others would also require a quick and easy method for money transfer. For example, suppose that you are out shopping for something extremely important. However, just before you are about to pay, you realize that the balance on your prepaid debit card is not sufficient to make the purchase. Imagine how handy this quick money transfer feature could be. Instead of having to use your credit card, an act that every credit card holder dreads, or having to go home empty handed, why not message your dad or brother to transfer you the required amount, which you could easily return to them when you get the money? It is as simple as that, which is why MasterCard MoneySend Prepaid Card has never restricted itself for just a particular type of customer.
MoneySend MasterCard ATM Access For Cash Withdrawals:
In addition, this prepaid debit card allows full access to ATMs around the world wherever MasterCard debit cards are accepted. This also applies for international purchases. For example, if you are on an international vacation, there should be no problem in using this prepaid debit card to help meet your expenses.
Better Business Bureau MoneySend Ratings:
If you look at ratings given to this card such as that given by the Better Business Bureau, you would have no second thoughts about getting the MasterCard MoneySend Prepaid Debit Card. Even though its features are not extraordinary, they are more than sufficient to help you meet your basic needs. Moreover, the lack of certain features is also one of the biggest reasons why the fees and costs of this prepaid debit card are comparatively lower. The top-up options are probably the most diverse and easiest of any prepaid debit card that you have ever heard about, and there are not many, if any, out there that offer the option of money transfer via your mobile phone. This is why this card has been given a good rating of 4 stars out of 5.
MoneySend MasterCard Prepaid Card Fees & Pricing:
The MasterCard MoneySend Prepaid Debit Card has no activation fees. The monthly fee is only $1.95, which is relatively low as compared to other debit cards. This card also allows signature transactions and PIN transactions for free. The card has a maximum limit of only $2500, which might be considered by many to be too low. Nevertheless, if you think about the fact that you can withdraw and deposit money onto the card whenever you please, this more than makes up for this shortcoming. Moreover, it is not often that you will spend more than $2500 on any given day. If so, you are probably a major spender, and this card might not be for you.
The card’s fees for withdrawals and balance inquiry are $1.95 and $0.95 respectively. This can be considered a bargain as compared to other debit cards. In short, you should seriously consider this great debit card, especially if you plan on using it for money transfer, as well as meeting your most basic debit card needs.
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