How does the Mio Card differ from a credit card or bank debit card?
Mio Cards are prepaid cards and you spend only the amount of funds you place on your card. No bank account needed, no credit checks and no application. It works like a credit card and can be used at ATMs and retail stores worldwide, but no interest. You are in control of your spending. It also helps protect against identity theft and fraud because it is not linked to a bank account.