Western Union MoneyWise Prepaid MasterCard Review

Western Union MoneyWise MasterCard

Western Union MoneyWise MasterCard Prepaid Offer Review

The Western Union MoneyWise Prepaid MasterCard isn’t a typical credit card in the sense of the words; it’s a prepaid credit card. Prepaid credit cards function much differently than the normal sorts of credit cards; they have more fees and restrictions and they are easier to get for people with bad credit (indeed, you can have very poor credit and still get one!)

Prepaid credit cards were developed as demand for credit cards grew among the population, particularly those who needed a card, but didn’t have the credit score or credit history to get a regular credit card. There are now many different kinds of prepaid cards so what makes the WU MoneyWise stand out in a crowd?

Here is a Western Union MoneyWise Prepaid MasterCard review of exactly what this card is about and a secure online application if you think the simplicity & low fees are what you want when you apply for a prepaid debit card:

5 / 5 stars     

Need a Credit Card? We Take Everyone!

The big advantage of the MoneyWise card (as well as many other prepaid cards) is the fact that they are far more accepting of applicants than the usual credit cards. The MoneyWise for example has no credit check and you don’t even need a checking account to be accepted into the program. So you can have lousy credit, no credit and no ties to bank accounts and you can still get this card!

Prepaid credit cards can be used for a few different things since they are so easy to get. You can use them as a way to get your paycheck if you like; you can load the card and then use the card to pay for bills and groceries. You can use this card to do things like online shopping and travel bills since it’s a MasterCard and thus is universally accepted. This means that you’re not longer barred from taking planes and booking hotel rooms even though the credit card companies don’t want anything to do with you. It’s also useful for those who enjoy online shopping or need to do it but don’t want to break the bank; after all, once the prepaid card is empty, you’re done!

If you’re looking for a way to purchase things online, manage a paycheck without a bank account, or pay bills instantly, then this prepaid MasterCard may be the way to go. It’s a highly beneficial way to manage your finances with little effort.

The Truth About the Costs of the Western Union Prepaid MasterCard Offer

The big problem with prepaid credit cards is their price tag and the MoneyWise is no different. Because the MoneyWise has no interest rates and no annual fee, the company has to make its money in other fees. Now, this card does differ from many others in that these fees are generally lower. For example, the activation is free and payroll/government deposits are free. However, you are going to be looking at some fees for regularly use:

  • $2.95 for card set up. Waived with a monthly deposit of $100.00 or more
  • $2.95-$3.95 for items/transactions, including receiving cash at a retail
  • $1.95 for ATM withdrawals
  • $5.00 for cash back at a bank
  • $20.00 for refunded check processing
  • $0.45 for ATM balance inquiry or $3.00/month for a paper statement.
  • $0.45 for ATM decline
  • $4.95 for stop payments
  • $5.00 for a lost or stolen card replacement

    Sheesh! Like any prepaid credit card, if you want to minimize your fees, you have to very carefully plan how you’re going to use this card. And this is still better than many other cards which charge for activation and other things. Still, keep these fees in mind and limit the things you do with this card to only the necessary actions so that you can keep your money as much as possible.

    The Western Union MoneyWise Prepaid MasterCard is indeed money wise; it’s a great way to keep more of your money and have some of the benefits of a credit card without actually having one. Keep in mind however that a card like this will not improve your credit rating; for that, you’ll want a secured credit card. However, if you’re just looking for a way to diversify your spending habits and automate bill payments, this is a good card to use. You can apply for the Western Union MoneyWise Prepaid MasterCard here and make the best use of it possible!

    In the category of “Low Fee Prepaid Debit / Credit Cards” we are giving the Western Union MoneyWise Prepaid MasterCard a 5-out-of-5 star review because if you plan your prepaid card usage well, the www.wuprepaid.com is going to be a very cheap option for you, in fact the Western Union MoneyWise prepaid card offer is one of the cheapest options when it comes to applying for a prepaid debit card today.

    5 / 5 stars     

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