answersLogoWhite

0


Best Answer

There are several benefits to having a prepaid MasterCard. MasterCard is accepted world wide and can be used at almost any place of business. Doing business with a prepaid MasterCard a person does not have to worry about going into debt like a regular credit can cause you to do. You do not have to worry about not being accepted or qualify for a pre paid card, anyone over the age of 18 can get one. Another benefit is that you can reload money onto your card at any ATM world wide, over the phone, or online.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What are the benefits of having a prepaid mastercard credit card?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Finance

What are some of the benefits of having a Platinum Mastercard?

MasterCard offers a variety of different colors, named typically after metals like Gold or Platinum, for their credit cards. MasterCard offers some benefits for their Platinum level credit card, including Zero Liability protection for unauthorized purchases, and MasterCard Global Service.


What are the benefits of having prepaid credit cards as opposed to regular credit cards?

Prepaid credit cards are better than standard credit cards in that you're less likely to get in over your head financially. Standard credit cards are one of the primary ways people build debt but with a prepaid card you can only spend what you already have.


What are the benefits of having a Capitol One Mastercard?

The benefits of having a Capitol One Mastercard are the following but not limited to: security, high interest rate which means more money in one's pocket, and ease of use.


What are the benefits of having a Capital One Platinum Mastercard?

The benefits of having a Capital One Platinum MasterCard are one can get rewarded with no hassle and one can also customize their card. Capital One Platinum is being used by thousands of people in America.


What are the advantages of a Visa prepaid credit card?

Some of the advantages of having a VISA prepaid credit card are: one cannot spend money that they do not have available on the card (no overspending), one does not need a bank account to be able to purchase items with this prepaid card, and one can still get a VISA prepaid card with bad credit.

Related questions

What are some benefits of having a business MasterCard?

There are many benefits to having a business MasterCard credit card for a business. Some of these benefits are better insurance rates and it offers better security and protection.


What are some of the benefits of having a Platinum Mastercard?

MasterCard offers a variety of different colors, named typically after metals like Gold or Platinum, for their credit cards. MasterCard offers some benefits for their Platinum level credit card, including Zero Liability protection for unauthorized purchases, and MasterCard Global Service.


What does cash plus mean when referring to a Master Card?

When referring to a MasterCard 'cash plus' means having a prepaid MasterCard that involves no credit checks and no links to a bank account. One can get one from the My Cash Plus website.


What are the benefits of having prepaid credit cards as opposed to regular credit cards?

Prepaid credit cards are better than standard credit cards in that you're less likely to get in over your head financially. Standard credit cards are one of the primary ways people build debt but with a prepaid card you can only spend what you already have.


Are prepaid MasterCard's different than debit cards, and how do they differ?

Prepaid credit cards are essentially the same as debit cards, just with a credit card company name attached. You only get to spend the amount you have deposited, or you may go over by a set amount but then you start having to pay fees.


What are the obvious signs of having bad credit on a MasterCard?

There are many signs of having a bad credit for MasterCard. One of the most obvious sign of bad credit is your mastercard payments being declined from time to time. Other signs may include not being able to reload your card.


What are the benefits of having a Capitol One Mastercard?

The benefits of having a Capitol One Mastercard are the following but not limited to: security, high interest rate which means more money in one's pocket, and ease of use.


What are the benefits of having a prepaid credit card?

Having a quick fix sum of money, that cant be overdrawn. As well as recovery options in the event of fraud. You control the amount, and no one else.


What are the benefits of having a Capital One Platinum Mastercard?

The benefits of having a Capital One Platinum MasterCard are one can get rewarded with no hassle and one can also customize their card. Capital One Platinum is being used by thousands of people in America.


What are the advantages of a Visa prepaid credit card?

Some of the advantages of having a VISA prepaid credit card are: one cannot spend money that they do not have available on the card (no overspending), one does not need a bank account to be able to purchase items with this prepaid card, and one can still get a VISA prepaid card with bad credit.


What are the benefits of having a prepaid cellular service?

You can't tract the number and identity of the caller


Which credit card companies offer prepaid gift cards?

Many credit card companies offer prepaid gift cards. Some popular ones include the following: American Express, Visa and Mastercard. Be aware of activation fees prior to buying one.