Prepaid MasterCard: A Versatile Credit Card Alternative

MasterCard is a powerful brand that allows users to pay for various products and services at establishments or through remote means, among other services that it provides. Now, a prepaid MasterCard is available with many of the same advantages, but with few of the inherent disadvantages.

Prepaid debit cards can be used to make purchases at a wide array of establishments including gas stations, restaurants and supermarkets. They can be used to pay bills via the Internet or a telephone, to withdraw cash at the millions of ATMs everywhere that display the MasterCard, Cirrus®, PULSE® and STAR® acceptance marks, and more.

Unlike with a credit card, there’s no risk of overdrafting or late fees.  There are also no interest charges, which can quickly create a scenario where it is hard to pay off the balance. The funds on the MiCash prepaid MasterCard are even insured by the FDIC (Federal Deposit Insurance Corporation).

For more information on the prepaid debit cards from MiCash, visit MiCash.net or call 1-866-642-2741.