With the recent news that in the near future most banks will be adding a debit card fee to any account with a debit card, you might be looking for a way to avoid those new fees. One way you may avoid fees is to use the prepaid card from Western Union. This card will allow you to avoid the new fees attached with debit cards, and other fees as well.
The Benefits
One of the greatest benefits of the Western Union Prepaid card is that the fees for this card are very minimal. There are no overdraft fees, or fees for late payments. There are no monthly maintenance fees and you won’t be charged a fee for a purchase transaction. Other prepaid cards, like the Mango debit card, charges you a monthly fee, as well as fee for checking your account balance through their customer service. The Western Union Prepaid card doesn’t have those fees. You can check your balance through an automated customer service or with live customer service without being charged. Fees that will apply to this account are for checking your balance at an ATM and withdrawing money from an ATM. Plus, you will be charged a fee if your card is inactive for over one year and for loading money onto your card through an agent location.
Another great thing about the Western Union Prepaid card is you are in total control of how much money you can spend. You can track your balance online, but ultimately you can only use as much money as you have loaded onto the card. Loading money onto your prepaid card is easy and can be done in four different ways. You can take cash to an agent location, but remember you will be charged a fee, have your payroll check directly deposited onto the card, through a Western Union money transfer, or transfer money from your bank. Each of these ways makes it easy to add money to the card, but allows you to only add as much as you feel you can manage.
The prepaid card through Western Union is offered through MasterCard, which means this card is accepted wherever debit and MasterCard are accepted. Plus, if your card is lost or stolen, you can relax knowing that your money is protected through the Zero Liability policy issued through MasterCard. You won’t be charged for the unauthorized purchases as long as you contact the card issuer immediately. You will be charged to replace the lost or stolen card.
Applying
With banks adding fees to debit cards to make some extra money, the Western Union Prepaid card is a fee free way to still have a debit card. Applying for this card is easy and can be done online, through the Western Union official website. An added bonus of applying for this prepaid card is that activation of the card is also free. Don’t sit around and wait to be charged for simply using your debit card, apply for the Western Union Prepaid card now and take advantage of this low fee card.
Don’t forget to save your money and put it in a money market account? Are you getting the best interest rates on your savings?
