Credit Card Review & Application

Modern Cash Prepaid MasterCard Card


out of 5

- Free Direct Deposit - paycheck, benefits, tax refunds
- Optional Overdraft Protection Product
- No minimum balance required
- No Credit Checks
- Track your spending with free online access

Introductory APR: N/A*
Introductory Period: N/A
APR on Purchases: N/A *
Annual Fee: $0*
Card Issuer: Other Issuers
Card Network: MasterCard®
Card Category: Consumer (Stored Value)
Card Type: - Card for Bad Credit
- Guaranteed Approval
- Prepaid Debit Card
- Tax Refund Card
- Reward Card
Credit Needed: Bad Credit OK*

The Modern Cash Prepaid MasterCard is a prepaid card that allows cardholders a number of ways to use the card without going into debt. With several ways to load money onto the card and the flexibility to use the card everywhere that MasterCard is accepted, it's a card that can be kept inside of anyone's wallet for any and all spending habits.

The card can be loaded with cash in many ways. A paycheck can be loaded onto the card using direct deposit. Others who have the prepaid MasterCard can also transfer money onto the card and there are also ways to go into Western Union locations around the globe to have money placed directly onto the card. This way a person never has to carry around cash, which provides a safer way to spend money.

Since the card features the MasterCard logo, it is accepted all over the globe. It can be used over the internet, in retail locations as well as at ATM machines to pull out cash when necessary. There is also an available overdraft protection service. This ensures that there's extra money available so that a cardholder never gets into an embarrassing situation. The service is optional so it can be activated if the cardholder determines that it's a feature that they want to have.

Online account management is available on the card as well. This allows a person to log onto the internet to find out an account balance, deposits and look up previous transactions purchased with the card. This allows a person to budget properly and always have money on the card. Account alerts can also be set up so that a person can know when it's time to reload the card to avoid overspending.

A prepaid card has its benefits because a person cannot spend more than what is loaded onto the card. They will be able to have the overdraft and that's it. There are no bills to pay, no late fees and no interest rates to worry about. It is also safer than carrying cash. The card has identity theft protection on it and if the card is ever lost or stolen, the card will be replaced free of charge - which is a much better prospect than carrying cash around.

The card can be applied for online. Once the card is applied for, it will show up in the mail within the next few weeks to provide people with the ability to start spending responsibly and loading money onto the card using whichever method they see fit.

The review prepared by . Opinions expressed therein are solely those of the reviewer.

Rewards: - $10 credit each month that you Direct Deposit at least $2,000 to your card
Other Benefits: *See Terms and Conditions
Online Account Access: Yes
100% Guarantee Approval: Yes
Introductory APR: N/A*
Introductory Period: N/A*
APR on Purchases: N/A *
Annual Fee: $0*
Grace Period: N/A*
Late Payment Fee: N/A*
Balance Transfer: No
Opening Minimum: $10.00
Application Fee: $0.00
ATM Fee: $2.50
Additional Fees  
ACH Debit - FREE
ATM Balance Inquiry - $0.50
ATM Declines - $1.00
ATM Withdrawal - $3.50
Account Closure with Check - $15.95
Account Reactivation Fee - $19.95
Account to Account Transfer - FREE
Additional/Replacement Card - $9.95
Bank Cash Advance - $9.95
Card Reactivation Fee - $19.95
Customer Service - FREE
Insufficient Funds-NSF - $9.95
Intl. TRS - ATM Withdrawal - $4.95
Intl. TRS - Purchases - $2.00
Monthly Maintenance - $9.95
Monthly Statements - FREE
Overdraft Service Fee (Opt-in) - $9.95
Purchase (PIN) - $1.00
Purchase Declines - FREE
Purchases (Signature) - FREE
SMS Daily Balances - FREE
SMS Transaction Updates - FREE
Set-up Fee - None
Special Research Fee - $25.00

We do not offer online application for this card at the moment.

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† The information provided for Modern Cash™ Prepaid MasterCard® Card is believed to be accurate at the time of evaluation (Mar 23, 2014). We strongly advise visitors to review the terms and conditions to verify accuracy of the information posted prior to applying for the product.

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