A prepaid card is not similar to a credit card as it is not directly linked to a bank account; rather it is used to spend money that is already loaded onto your card. A prepaid card is not a debit card because here you can use money that is already transferred to the card in advance. Let us know more detail about ‘Does Western Union Accept Prepaid Cards?’.
Does Western Union Accept Prepaid Cards?
You can transfer money in your prepaid card from the payroll direct deposit, Western Union Money Transfer, government benefit payment and even through a tax refund. Besides direct deposit, Western Union allows you to use NetSpend prepaid card in which you can online transfer your money from your bank account to your prepaid card. By using NetSpend Reload Network, you can top up your prepaid card from any reload location across the United States. Let’s take a detailed analysis of the use of prepaid cards through Western Union.
Take control of your money: Does Western Union Accept Prepaid Cards?
You can keep your Western Union prepaid card and can use it anywhere you want. You just need to access your account information through the online account centre. For this purpose, you can use mobile apps and can update your account through text or email.
The Difference between Prepaid Cards and Credit Cards
Prepaid cards are entirely different from credit cards. Although both cards have the same card network logo like MasterCard, Visa, American Express, or Discover. But generally, their functions are quite different. One is used to borrow money while the other is used to spend already existing money. Even if your prepaid card provider is offering credit on prepaid cards, still it will not fulfil all the requirements of the credit card.
How It Works?: Does Western Union Accept Prepaid Cards?
The Western Union® NetSpend® is unique because it is easily movable everywhere without the requirement of a minimum balance and interest payment. You may have direct access to your paychecks in case of direct deposit and this will give you great freedom.
The costs of WU Prepaid MasterCard
The charges of Western Union® NetSpend® Prepaid MasterCard are reasonable and affordable. It will reduce $5 per month into your card account in case of a $500 deposit of government benefits or payroll per month. Its lowest monthly fee is $5 per month. In addition, you can reload any of the over 130,000 sites in the US through the Netspend® Reload Network.
The advantages of the WU Prepaid Card
The Western Union® NetSpend® prepaid card can be easily used for worldwide businesses. You can use it at any place where MasterCard is accepted. Its online account centre updates you about your budget and lets you be aware of your spending. Moreover, you can send and receive money from your loved ones across 200 countries through this prepaid card. You can pay your bills and shop online through your Western Union® Money Transfer and can get paid faster through Western Union Direct Deposit. There are interest charges and late fees charges on a credit card but these are not applied to the prepaid card.
Tax refund plan
You can refund your tax payment faster with the use of an e-file and Direct Deposit. For a refund of the tax, you have to request a Western Union® Netspend® Prepaid Mastercard®. You will get your routing number and account number in 7-10 business days. Log into the online Account Center and get your number. Now verify your identity for the new Western Union® Netspend® Prepaid Mastercard®. Now file your taxes and enter your Routing and account number and show ‘Checking’ as the account type.
Money transfer fee
Money transfer fees vary from one place to another and there are certain terms and conditions that you must agree to before money transfer. However, no fee will be applied if you will transfer money from Western Union® onto Western Union® Netspend® Prepaid MasterCard®.
Conclusion
In short, the Western Union® Netspend® Prepaid MasterCard® is the best opportunity to give you the benefit of a prepaid debit card. It allows you to send and receive Western Union® Money Transfers from one place to another. You can transfer money to at least 200 countries while using this card. It is different from the credit card because here you can spend to shop only the money that you have on your card. You first refund your card from an online credit card and then can use that money for business use everywhere worldwide. It also gives you notifications from the Mobile app or through text and makes you aware of your spending. It is a great source to manage your money and keep you updated about your money. Nevertheless, it is movable everywhere without the requirement of a minimum balance or any interest rate.
Frequently Asked Questions
- Where can you use the prepaid card Western Union?
It is easy to use prepaid card Western Union for business purposes everywhere and you can send money and receive money from WV. Com or www.wunetspendprepaid.com.
- What is a Western Union prepaid card?
WU prepaid card gives the best opportunity to transfer money to over 200 countries. You can receive money from Western Union® money transfer directly onto your account. You can use it for business purposes and can shop anywhere without an interest rate.
