Guaranteed Acceptance Prepaid MasterCard Debit Card

cardOne is not just any old basic bank account, with your new banking facility, you’ll also be issued with a guaranteed acceptance prepaid MasterCard which offers more than just a standard cash card.

cardOne Banking understand that in today’s society, plastic is virtually essential, carrying money on your guaranteed acceptance prepaid MasterCard is far more secure than carrying a bundle of cash around in your pocket plus, there are many benefits to using MasterCard as opposed to cash.

The plastic card offering from cardOne looks and feels like a normal credit card or debit card – it even arrives on your door map with a card number embossed on the prepaid MasterCard front, a signature strip on the reverse of the card and a Chip for all your Chip & PIN transactions.

The ONLY thing you are not provided with is a line of credit which means you can’t borrow money using the cardOne prepaid MasterCard which ensures you can’t go into the red, you will only be able to spend the funds you have pre-loaded onto your guaranteed acceptance prepaid MasterCard which is tied to your cardOne No Credit Checks Bank Account.

How The cardOne Prepaid MasterCard Works

cardOne Banking issue as standard, a guaranteed acceptance prepaid MasterCard with every no credit checks bank account opened but what is a prepaid MasterCard ?

A prepaid MasterCard is a piece of plastic, a plastic card which resembles a traditional looking credit card or debit card however, in order to spend using the prepaid MasterCard, you need money pre-loaded onto the card or to your cardOne Basic Bank Account.

You’ve no doubt heard of Pay As You Go mobile ‘phones – these require the user to top-up with funds in order to be able to use the service and this, in theory, is how a prepaid MasterCard works.

Pay As You Go, sometimes referred to as Pay-As-You-Go or PAYG is also a term used by many people who use the guaranteed acceptance prepaid MasterCard by cardOne – you are paying as you go, using money you’ve already added to your cardOne account.

If you add £500 to the PAYG MasterCard from your Billing Account, you can only spend up to £500 using your Pay As You Go MasterCard which allows you all the convenience of a standard debit card but making sure you can’t spend what you don’t have to start with.

If you are a bit of a spendaholic or you’ve experienced problems keeping an eye on your spending in the past, the cardOne Banking Prepaid MasterCard will help you stay in control of your finances, making sure you never over-spend again.

Uses For The Prepaid MasterCard

With a cardOne prepaid MasterCard, you can pay for your weekly shopping and you can withdraw cash at ATM machines around the world – you can even shop online and by telephone.

Use your prepaid MasterCard for:

• Everyday Shopping
• Internet Shopping
• Mail Order / Telephone Orders
• Topping Up Your PAYG Mobile Phone
• Paying Monthly Subscriptions
• Cash Withdrawals At ATM’s Worldwide

Additional cardOne Prepaid MasterCard

cardOne Banking also understand that you may want to provide a family member or a partner with a prepaid MasterCard – you can request a second prepaid card that is linked to your cardOne Bank Account and this could help keep spending to a monthly budget which you’ve allowed for.

REMEMBER … you will need to load money or re-load money onto your “cardOne Guaranteed Acceptance Prepaid MasterCard” before you start spending.

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