MasterCard prepaid cards are accepted by the millions of locations throughout the world. That includes retail stores, airlines and countless websites. With reloadable prepaid MasterCard credit cards, you can spend up to the amount that you have deposited into the card’s account. Each time you use the card, money is deducted from your card’s available balance. When the account gets low, you can load more money onto the card.
Prepaid MasterCard gift cards can be used only up to the card’s original value. You can purchase prepaid MasterCard credit cards through MasterCard or at retail outlets and financial institutions that issue MasterCard prepaid cards.
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Use MasterCard prepaid cards for personal expenditures
MasterCard prepaid cards can be used for all kinds of personal purchases. The features, benefits and fees vary depending on the card you choose.
I recommend: Compare the features and options of the
25 prepaid MasterCard credit cards available. For example
US Paycard offers a prepaid Mastercard that can be used by more than one family member. With a
BuyRIGHT prepaid MasterCard, your checks can be automatically loaded on to your BuyRIGHT card.
General purpose MasterCard prepaid cards can be used to pay bills or make purchases.
Reward friends, employees and customers with prepaid MasterCard gift cards
A prepaid MasterCard gift card makes a versatile corporate present, whether you're thanking employees, business associates or customers.
I recommend: Washington Mutual and
HSBC will personalize prepaid MasterCard gift cards for your family and friends. At
thegiftcard.com, you can order prepaid Mastercard gift cards that are customized with your company’s logo. You can also include your gift recipient’s name and a personalized message on the card.
Springbok Services provides prepaid MasterCard gift cards for corporate incentive programs, whether you need one card or thousands.
Debit cards: an alternative to business prepaid credit cards
Debit MasterCard Business Cards are as practical as business prepaid credit cards. When you make purchases with the debit card, funds are automatically deducted from your business checking account.
I recommend: The
Debit MasterCard Business Card can reduce the need for checks, improve your recordkeeping and protect your business against unauthorized purchases. Many banks, including
CapitalOne and
Citizens Bank, issue MasterCard business debit cards, which can be used in place of business prepaid credit cards.
Shop for MasterCard prepaid cards at comparison sites
Several comparison sites give you an overview of how some MasterCard Prepaid cards and prepaid business credit cards stack up against other prepaid cards.
I recommend: Before applying for a prepaid credit card, visit sites such as
CreditCards.com and
CreditCardGuide.com.