It seems that everybody needs credit these days but sometimes credit is not that easy to come by. Despite all the credit cards that are available sometimes a prepaid debit card, like the mPower Prepaid Visa Card, is simply better for your needs.
Whether you have some past credit issues that you are trying to clean up or you simply prefer to not deal with all of the restrictions and regulations of credit, credit is not for everyone. Thankfully, there are decent alternatives that can provide the same convenience and functionality of credit but with none of the hassles. Take the mPower credit card for example. It is offers convenience, control, safety and security without the restrictions of a traditional credit card.
The mPower Visa Prepaid Card is accepted all over the world because it is backed by Visa. This means that you can use it anywhere that accepts Visa credit cards, including over the phone and on the internet. You can also use it to get cash at ATMs all over North America. If you need to book a hotel room, rental car, reserve a seat at your favorite restaurant or simply hold a product online until you are sure you want to buy it, you can use this card. Itâ€™s just that simple.
The ease of use of this Prepaid Card is even greater when you consider that there is no minimum balance required and you can Direct Deposit is free. This means that you never have to transfer money or go to the bank to make sure there is money in your account. You'll never be required to spend time on the phone or online just to make a deposit. Of course, those options are available to you if you prefer.
One of the most important aspects of credit is having control of your money, and you can have that too with this Visa credit card. With this card you never have to worry about going over the limit because you already know how much money is in your account (because you put it there) and you'll never have to worry about the unexpected fees that some credit card companies try to charge you.
Safety And Security
Obviously, safety and security are also important, especially when it comes to credit cards. If you shop online then this is probably a great concern of yours. However, since the mPower Visa Prepaid Card is backed by Visa, you also get the Visa Zero Liability policy which protects you from any and all fraudulent charges to your account in the event that your card is lost or stolen.
Because of the way the card is setup you can access your information online anytime of the day. This makes it easy to track your own spending as well as keep an out for suspicious charges. At the same time, you can also set up text and email alerts that will report to you all card activity.
Finally, there is one more important thing to know about the mPower Prepaid Visa Card and that there are some fees involved with certain activities of the card. Of course, if you are familiar with the way that credit works this should not surprise you in the least. Some of the fees include:
- POS / PIN purchases or cash advance
- ATM withdrawal (different for US and International)
- ATM balance inquiry
- ATM withdrawal decline
- Check issuance
There are several card activities that are free, but only with Direct Deposit. If you elect not to use Direct Deposit, then you could be charged a fee for the following:
- Card activation (first time deposit only)
- Account maintenance (monthly)
The following activities are always free, no matter how you load the card:
- Signature or online purchase
- Card to card transfers
- Reloading using a reloading network
- Text message and email alerts
You also get 2 free IVR Balance inquiry calls every month, which can help you stay on top of your card activity just in case you don't have internet access.
The mPower Prepaid Visa Card is a convenient, safe, and secure way for you to make your money work harder for you. With Direct Deposit many of the features are free and then you'll be able to make purchases anyplace where Visa is accepted.