Mango Prepaid MasterCard Reviews

by Lateisha Washington on November 26, 2011

This is our Mango Prepaid MasterCard Debit Card Review of the two cards Mango offers: the MasterCard Mango Prepaid Card and the Mango Prepaid MasterCard Debit Card With DirectDeposit (for internet purchases).

Mango MasterCard Prepaid Card Review

Mango Prepaid Debit MasterCard Image

Mango Prepaid Debit MC

The Mango MasterCard prepaid debit card hopes to be the new way to pay for everything. A number of different types of debit cards, which Mango and MasterCard have launched together, have all received many positive reviews, and this one is no different. The Mango MasterCard consists of a simple and clearly specified terms and fees. There are no hidden costs and fees or other terms and conditions, which might cause a lot of confusion once the cardholder starts using the card.

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Mango MasterCard Prepaid Card Review Summary

This card gives cardholders free and instant access to the money held on the prepaid debit card either through the Internet or mobile phone, which are now the two most widely used methods for accessing bank accounts. The card’s services are available at all hours of the day, and seven days a week. In short, there are no off days or holidays for the Mango MasterCard Prepaid Card in the entire year. Having this feature available at all times is a real luxury, especially since most of us might have urgent needs for money. There are no complicated or verification processes that will delay or complicate the use of these services. Everything will be keyed into the system once the application form is deposited with debit card service provider. All of these make accessing and using your money an easy and hassle-free process.

Mango MasterCard Prepaid Card Buying Review

You also do not have to worry about spending hours to understand the fee structure or trying to find if there are any hidden costs associated with the debit card. Every aspect of the debit card is clarified by official representatives on the day you sign the application form. After all, having a cardholder who is comfortable with the card’s service is very important in building a long-lasting customer and client relationship.

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Mango MasterCard Prepaid Card Mailing Information

Moving onto the technical details of the card, we can explore the sign-up and shipping fees. Most debit cards are provided free of charge by the bank if you hold a banking account in that bank. However, some banks do not offer debit cards to people who do not have a bank account with them, whereas other might charge you a nominal fee for this product and service. However, the Mango MasterCard Prepaid Debit Card has no such requirement. This debit card is available at most banks with no extra charge, regardless of whether or not you hold an account at that bank. The card is also shipped free of charge to your mailing address, which is another way to save some money.

Mango MasterCard Prepaid Signup Bonus

This debit card also has free direct deposit and gives the cardholder a $20 sign-up bonus. Direct deposit is an extremely important feature that many people often overlook. Direct deposit is the feature that will allow you and other people, such as friends, family, employers or business partners, to transfer funds to your account or prepaid debit card electronically. All money transactions that are carried out often results in the bank charging a specified percentage as service charges, but when these same transactions are performed with this debit card, they do not carry any fees. As for the sign-up bonus, it is amazing to get money for a service that you are actually signing up. You are already saving money by not having to pay so many different fees, and on top of that, you are getting money from the debit card service provider! You might think that it does not get much better than this, but actually, it does. If you load at least five hundred dollars a month onto your debit card, the service provider will reimburse the monthly fee that you have paid for that specific month.

Savings Review With Mango MasterCard Prepaid Card

This card also gives the user the option to earn a profit on the money held on the debit card. If the cardholder chooses to opt for the savings scheme, he or she can earn a nice profit at a high interest rate. The interest will differ from both the market rate and what other in bank customers are earning. Other than Mango MasterCard Debit cards, there are not many that actually offer this feature. In addition, there are no signature or PIN transaction fees, which most retailers charge in addition to the total amount of the bill. The ability to pay all of your bills, ranging from utilities to mobile phone fees, can all be paid through this debit card. This means that you no longer have to stand in long lines or make the special trips to make bill payments.

Mango MasterCard Prepaid Card – More Features

There are many other great services provided by this debit card, such as receiving a text message every time your debit card is used. This can be useful, especially if your card is stolen or is given to one of your friends or family members to use. You can also use the text message service to check the balance of your debit card, instead of going to the bank or ATM. However, every time you use the ATM to check your card balance or withdraw cash, you are charged a specific amount. ATM withdrawals cost $2 and the balance inquiry comes with a $0.50 fee, thus, instead of paying these fees, you can consider using the SMS service for balance inquiry and the card itself to make all of your purchases.

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There are no hidden charges or overdraft fees. Overdraft fees are usually charged when your bank balance is below the minimum required amount or in the negative. However, since there is no minimum balance required or that cardholders do not even need a bank account to use this debit card, the overdraft fees are eliminated. Hopefully, by sharing some of the above mentioned features of this debit card, this will help you make a better decision on choosing the right card to use.

Mango MasterCard Prepaid Card Review With Direct Deposit

MasterCard With Direct Deposit Image

MasterCard With Direct Deposit

The Mango MasterCard Prepaid Card with Direct Deposit claims it is the newest way to make purchases. This claim is further strengthened by its newly structured website. Just like a debit card, this card’s features and fee structure is simple and very easy to understand. This debit card gives the cardholder instant access to their own money whenever the need arises. The Mango MasterCard Prepaid Card allows you to access the money in your direct deposit bank account seven days a week and at any time of the day, all year round. In addition, you can also access your account via the phone and the internet. Only a few, if any, prepaid debit cards offer this feature.

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Remove Hassle With Mango MasterCard Prepaid With Direct Deposit

This debit card takes out a lot of hassle from your life. For example, you do not have to carry cash around anymore, especially if you are worried about your safety. Moreover, remember all those days when you had to drop everything and run to the bank for some emergency transaction, such as paying a bill or having to withdraw large amounts of money. Alternatively, remember the time when you constantly had to visit the bank or the ATM during the holiday season to check your account balance or to withdraw money. Well, with the Mango MasterCard Prepaid Card, you can forget about running around and wasting your time, especially since the answers to all your questions are only an email or SMS away.

In short, this debit card has effectively simplified the entire structure of prepaid debit cards, but there is so much more that you need to know before you go ahead and get one for yourself. Firstly, signing up and shipping of this Mango MasterCard Prepaid Card is completely free, so it is a convenient and hassle-free process. Secondly, with the Mango MasterCard Prepaid Debit Card, you are given a $20 sign-up bonus. There are not many debit cards out there that will hand you free money so this bonus reflects well on this debit card.

Mango MasterCard Prepaid card Direct Deposit Feature Explanation

Direct Deposit is a feature that every debit cardholder wants. This is one feature that is necessary to make a debit card a complete card. For those who do not know what Direct Deposit is, it is simply the feature that allows you and other parties to deposit money into your account through the phone and Internet. This feature alone can save the user a lot of time and unnecessary frustration. Everyone who has a bank account would have experienced what I am talking about. We have all gone to the bank on a number of occasions to simply deposit money into an account, regardless of whether it was our personal account or someone else’s. This simple process usually ends up wasting a lot of our time because either the line is too long, or the teller is too slow or the network of the bank is down. Hence, people want to limit their personal banking as much as they can, which is why Direct Deposit has become such a useful feature. This service can actually cost a lot, depending on the number of transactions you make or the amount of money that you transfer, but since this feature is completely free with this debit card, you have nothing to worry about. Transfer as much money onto your debit card or withdraw as much as you because in the end you need not pay for it anyway.

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Mango MasterCard Prepaid Card Comparison

One of the real differences of this debit card, as compared to all others, is that it offers a high interest savings rate. Most debit cards do not even offer this service of letting the cardholder earn profit on their savings, let alone a high interest rate, which is why the Mango MasterCard Prepaid Card is in a league of its own. Designate an amount that you know you can maintain in the account and earn an annual profit on it. This is a great way to earn some money without making any sort of effort. Furthermore, there are also no purchase or signature transaction fees. For example, most retail outlets will charge you a couple extra percent for using a debit or credit card to pay for a purchase, but this debit card exempts you from such extra charges.

As I have mentioned earlier, this debit card can entirely eliminate your need to go to a bank and I am not exaggerating. You can now pay all your bills, be it the utility, the mortgage or your mobile phone bill over the Internet with this debit card. Moreover, you can use this debit card for online shopping, something which most debit cards still cannot do. This is also another reason why you might no longer need to use your credit card.

Mango MasterCard Prepaid Card Fees & Pricing

There is no activation fee for this card, which most debit card providers exempt their cardholders from. The monthly fee is $5, but surprisingly the service provider will reimburse this fee if $500 or more is topped up to the debit card every month. Moreover, the card limit is a staggering $10000. There are no hidden fees and overdraft fees and there is no need for the cardholder to have a bank account. Indeed, this is a good debit card for its owner.

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