Today, there are many options and tools available to bank customers to control their cash expenditures. For example, WestStein prepaid card. Below we’ll look at how such a card differs from a debit card.
Prepaid card – features
Reliable in all plans, the free online account is ideal for people who want to fully control their spending while avoiding overspending. The distinguishing characteristic of such cards is that the customer can deposit a certain amount into the account by calculating it in advance. Spending more than the set amount is simply impossible.
Keep in mind, though, that some prepaid cards won’t allow you to add more money to your account if you’ve used up the amount you paid in the past. But most cards allow you to recharge as needed, so you can use them an unlimited number of times.
Many people decide to order a prepaid Mastercard precisely because they don’t allow you to get into credit. After all, the account is not linked to the main account, so there is no risk of losing all your savings.
How and where you can use
Having such a card, you are not limited in any way in terms of money transactions. You can use it at absolutely any retail outlets. So in terms of functionality, they are not inferior to standard cards.
You should even get a virtual card if you often shop online. With such a card you do not risk anything, no matter where you make a purchase. You will no longer need to enter the card details and leave personal data on third-party resources.
You can also use such a card without any problems and in automatic mode. So, with the help of such a card you can significantly save time by getting rid of routine worries.
Use this card for purchases that you need daily. For example, you may find this card handy for shopping at grocery stores and filling up your car.
As confirmation that this card is in no way inferior to standard cards, you can also easily cash out money at almost any ATM. After all, such cards also have all the requisites required for such transactions.
As you can see, prepaid cards have a lot of advantages. So, if you want to rationalize the use of your own funds and control the expenditure part, it is worth to get such an account.