PayPal Prepaid MasterCard Benefits

Being able to buy what you want is important. The PayPal prepaid MasterCard is very simple to obtain and even simpler to use. It's packed with features to ensure you have the money you need and the ability to spend it how you want.

Spending Money on the Card

When you have a combined MasterCard and debit card, it's that much easier for you. You will be able to make purchase anywhere that you want without having to worry about debt. The card is prepaid, which means you can only spend what's loaded on the card. There are no interest rates, no annual fees and no overdraft fees to contend with.

The debit card aspect of the card will provide you with a PIN number. You can then use the card at ATM machines to pull out cash. You can also use the card at grocery stores, gas stations and much more. If you need cash and you want to avoid ATM fees, you can take advantage of the cash back feature offered by many merchants.

The MasterCard logo on the debit card allows you to use it just like a credit card - without the debt aspect. You can use the card online for purchases from millions of merchants. You can use it over the phone to book travel, concert tickets and much more. You can also use it locally around the globe for travel, meals and lot of other things.

Getting Money on the Card

The PayPal prepaid card is linked directly to your PayPal account. Whatever you put into your PayPal account from EBay auctions, your local business or money you've obtained from other people, it can all be accessed with the prepaid card. This gives you faster access to the money you've earned.

Direct deposit is another way to get money on the card. Your paycheck can be set to be deposited into your PayPal account. You can also get government benefits directly added to your account, ensuring your money is always accessible.

You will also be able to link various bank accounts to your PayPal account. At any given time, you can log on and have money transferred from your bank account to your PayPal account. The funds will take a few days to arrive and then be there so you can make the purchases you need.

When you are looking for other ways to add money to your account, there are reload packs. You can buy these packs in thousands of retail locations. If you don't have your card with you, this is one of the easiest ways to get money into your account. If you do have your card with you, look for reload stations where you can load cash or various other forms of payment onto the card.

Other Benefits of the Prepaid Card

• Online account tools
• FDIC insured
• Convenience

The online account tools are very simple to use. If you're familiar with PayPal, you will be able to log in and see where your money is and how much you've spent. There are various filters allowing you to only see incoming or outgoing payments. It is possible to view, print and even download statements from the current and past months for your records. While you're logged on, it's also easy to make transfers from your other accounts so you are always in control of your money.

This online bank is FDIC insured. This way you know your money is protected, no matter how much you might have in your account.

The prepaid MasterCard is convenient, too. Because it works like a credit card and a debit card, you have the ability to buy anything, anywhere. When you're in a situation where a merchant doesn't take plastic, you still have the opportunity to use the card at an ATM machine to get cash. It's also a convenient way to ensure you don't go into debt. No matter how much you spend, you won't end up with any kind of debt as a result of your spending habits.

Conclusion

When you're ready to apply for the PayPal prepaid MasterCard, you can quickly fill out the application online. As soon as you open a PayPal account, you can request the card. This will allow you to start taking advantage of all the benefits right away.