The Mango Card is a prepaid debit MasterCard. This will require you to first deposit money on your account, and then you can use your card to make purchases.
It will be accepted online, over the phone, and even internationally. The Mango Prepaid Card is designed for individuals without access to a checking account or with a less than perfect credit history.
There is no credit check, or ChexSystems verification, your guaranteed approval. This prepaid card will provide you with free direct deposit, including a $20 bonus for using this.
Direct deposit can save you a boatload of money on check cashing fees and gives you a much more convenient and faster way of accessing your cash. Your prepaid MasterCard can be used to:
- Make purchases online
- Pay bills over the phone
- Purchase gasoline at the pump
- Rent a car
- Reserve a hotel room
- Book airfare
- And more
The Mango Prepaid Card will provide you security and peace of mind with a $0 liability policy. This means if your card is ever lost, stolen, or used fraudulently you will not be held responsible. Additionally, you will never be charged an overdraft fee, a late fee, or a bounced check fee with this prepaid debit card.
The Mango Prepaid Card comes with some of the lowest fees on the market. You will be charged a meager $5 monthly maintenance fee, unless you deposit $500 or more each month.
If you deposit $500 or more, then your fee is waived. Let us repeat, provided you deposit $500 on your account in a 30 day cycle, you will not be responsible for paying any monthly fees.
You also can sign up for free text and e-mail alerts about your account activity, including being notified of your account balance, after every transaction. This makes managing your money, very easy.
You can also download the Mango Money iPhone App, for free, to keep you securely updated with your latest activity. In addition, you can use the YAP mobile payment feature for free. This allows you to send and receive payments, as easily as sending a text message.
You also have online account access. And you’re given access to an online saving account, that earns 6% APY (annual percentage yield) simply to encourage you to create the habit of saving for a rainy day.
There is no credit check or bank account required for approval. And the Mango Card can stop you living with the high costs of buying money orders, and paying for expensive check-cashing fees.
We do give our seal of approval to the Mango Prepaid Card. We like this one of the few direct deposit prepaid cards providing you with a $20 bonus, and the potential to avoid paying a monthly fee. For full details and to apply online please, visit the Mango Money official website.
Last thing, we must mention this prepaid card will not build credit for you. As a result of not being extended a line of credit, you will not have any activity that can be reported to the credit bureaus.
However, this also means you will not be responsible for any interest fees, late payments, and you can not go into debt. The Mango Prepaid Card gives you the purchasing power of a major MasterCard and without any overdraft fees, or hidden fees.
If you’re tired of living with less than perfect credit, get a free credit consultation by calling toll-free 1-877-418-7596. For more tips and strategies with Dan Willis sign up for our free newsletter.
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