Check Out the Green Dot Prepaid MasterCard!

No credit history? Don’t like to carry cash around? Then the Green Dot prepaid MasterCard might be just what you’re looking for. It will give you the convenience of plastic without any hassles. You won’t have to worry about your balance since there are no overdraft fees. While there are other prepaid cards out there, this one doesn’t require a minimum balance. It can be used just about anywhere. If you can’t get a MasterCard debit card or credit card, then just get this!

There are no cash advance fees or annual percentage rates. You won’t have to pay any fee for activation. The only fee you have to worry about is a monthly $5.95 fee, which is taken out of your account should it be under a certain amount. How is this any different from any monthly fees that the banks charge?

Any venue around the world that accepts MasterCard will accept this. The Green Dot MasterCard can be used at ATM machines, grocery stores, restaurants, department stores, airports, car rental agencies, etc. And, of course, you can use it to make your online purchases! One of the reasons why this card is so popular is because it can be used to fund PayPal accounts.

Benefits:

• Guaranteed approval
• No credit checks
• The card is widely accepted
• Safer than carrying around a bunch of cash – especially when traveling
• Tracking spending is very simple
• Free direct deposit
• No penalties or overdraft fees

Reloading the card is easy. You can do it online, over the phone, or through direct deposit. Money Paks are available at numerous retail stores. You can add the money at the store on the phone, or bring it home to add it online.

It’s easy to keep track of your transactions. Just register at the Green Dot site. There, you’ll be able to access all of the account information, including the balance, purchases, reload options, etc. You can also set up automatic payments if you want to pay your bills online.

There are some limits to how much you can use your Green Dot MasterCard. However, it’s still more flexible than other prepaid cards. For instance, you can’t load any more than $2,500 in cash every day. Seriously, though: who has that much cash readily available anyway? There is a daily direct deposit limit of $10,000 a day. Once again, most people don’t earn $10,000 a day, so this isn’t really an issue to worry about. The daily ATM withdrawal limit is $400, so if you think you will need more than that, just don’t put it all on the card in the first place!

Overall, the Green Dot prepaid MasterCard is a great plastic product to have. You can have all of the conveniences of other types of plastic and none of the cons!