OmniCard Prepaid MasterCard®

The OmniCard Prepaid MasterCard is an ideal way for students to have a credit card without the worry of incurring debts they can't afford. Whether they're in high school or college, they can experience the benefits to having a credit card without having to worry about the downsides like debt and expensive finance rates.

It's prepaid, which means that money is already on the card when they get it and they can't spend more than what's on the card. This will teach them finance management without dealing with debt and overdraft fees. They will have a set amount of money that they'll be forced to work with – no going over because the card won't work. They'll learn that they'll have to watch what they spend and budget to ensure they don’t overspend.

Money can be loaded onto the card at anytime, increasing the balance or replacing spent funds. It's completely reloadable, which means the funds go back onto the same card, which means they get to keep the same card at all times. They can check balances online and use the card to pay cable, phone and other bills online as well.

If they have the availability, they can have paychecks directly deposited into their card balance as well. This makes it even easier to access funds and create a budget for their lifestyle.

The card works just like a MasterCard and is safer than cash. No more worrying if the student is going to lose a month's worth of spending cash in one trip to the mall. It's safeguarded on the card. It will look just like a standard card, so no one needs to know its prepaid.

They can spend their money anywhere that Mastercard is accepted – whether it's a store, a restaurant, or an online shop, the transaction goes through easily virtually anywhere. They can even pull out cash if there's a need at any ATM worldwide. The access to the money is limitless, the only things with limits is the amount of spending they can do on the card.

With OmniCard, there's some great benefits that go along with the card. Cardholders are able to load cash onto the card by trading in remaining balances from unwanted gift cards. They're also able to get coupons and other great rewards from the card's affiliate sites.

Using a prepaid card has never been easier than how this company's cards operate. Plus, there's the ability to personalize the MasterCard to make it truly individual by creating a card from a photograph. The card is just so easy to use and teaches budgeting!

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