Prepaid Master Card

March 25, 2009 by  
Filed under Household Credit

Prepaid master card
Prepaid cards are the recent growing trend nowadays. Not only a trend but also safer to carry without even bothering about losing or some stealing it from you. Pre paid master cards are very sophisticated form of carrying cash. You can load the card with some prescribed amount and you can use the card till the money in the card is used and then again you can reload the card with money. You don’t have to be scared of the monthly bill or over dues because you are using your money and not on the banks credit. If you have money you can reload it or you can wait till you earn and then load. Most of the banks provide pre paid master cards these days in the motive of making life easier for customers.
There are many types of pre paid cards to choose from. First is the general purpose card which can use like your debit cards. You can use it if you have money loaded in the card. Most of the shops which accept credit card also accept pre paid master cards.
One more use of this pre paid master card is you can use it for gifting purpose. You can load some amount of money and gift to your loved ones. Now they can use it wherever they want. Some banks even allow you to customize the card and send it to your friends or relatives.
One more form of pre paid master card is it can be used as travel cards. You don’t have to afraid of carrying lot of cash in your pockets when you travel abroad. This is an alternative to travelers check as well.

Popularity: 6% [?]

Master Card Credit Card

March 15, 2009 by  
Filed under Household Credit

Master card credit card

Credit cards are already popular among people these days. People tend to move towards safer ways of handling cash rather than carrying it in their pockets all through their travel. One such comfort is the use of master card credit card. Most of the banks offer credit cards especially master cards. Depending on the bank and the geographic location the offers and interest rates differ and vary.
Most of the banks do not collect any annual fee or membership fee for possessing the card. This is a new offer almost all the bank have this on their offers list.
The banks offer discounts coupons to various retail outlets when they use the master card credit card. The retails outlet might be an antique shop or restaurant or a jeweler shop and there is not specific type of store.
Adding to the comfort most banks offer online tracking and transaction operations that too free of cost which means you don’t have to reach out the bank, stand in queue for anything related to your credit card. Also to pay back we just need to drop the checks in the drop boxes placed around the places mostly in ATMs and authorized dealers. The interest rates are also not imposed on the customer till certain number of days. Some banks offer up to 45 days of paying back the money.
In some banks they have points earning schemes where the card earns one point if you spend 1 dollar in a retail outlet. Some banks even offer 2 points. These points can redeemed for gifts based on the number of points that you have earned.

Popularity: 2% [?]