What is a Prepaid Mastercard®?
Prepaid MasterCards® are used like regular credit cards. Unlike credit cards, however, they don’t work on credit. Money is loaded onto the card before use, and then can be reloaded when the money runs out. Most cards charge a small fee when they are first purchased, and some require a fee to reload. There are many reasons to purchase a prepaid MasterCard®. They make great gifts, and unlike most gift cards that can only be used at one store, they can be used anywhere that accepts MasterCard® credit cards. The card recipient can spend their money in multiple locations, giving them the opportunity to get what they really want. MasterCard® gift cards are available in several designs, making it easy to find a card that fits the occasion and the recipient. Prepaid MasterCard® gift cards are also terrific for travel. Money can be loaded onto the card before you leave, and then spent almost anywhere once you arrive at your destination. This is much easier than handling cash, and a lot safer, b