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What To Look For When Selecting A Co-Branded Card?

By Claudia Bauschwall


Of all the plastic money available to the card holders today, majority of them select a MasterCard credit card or a Visa card. This allows them to spend their money all around the world. In case of prepaid credit cards, there are several retail stores and companies that offer co-branded cards for their customers.

However, when we talk about prepaid credit cards, there are many companies and retail stores offering co-branded cards to their customers. Thus, you need to know how to select the perfect card to benefit from it in the best way.

Before making your final decision of selecting either a MasterCard credit card or co-branded card, consider the following points:

Your Spending Habits Prepaid cards allow the cardholder and other people to store an amount of money within the card, which can then be used by the cardholder for purchases. As opposed to normal credit cards, these cards are not linked to a credit system and thus, you can only spend the money that is within the card.

Contrasting to the general credit cards, the prepaid cards do not have any collaboration with any credit system meaning the card holder can only spend as much money as specified on their card. However, co-branded cards are collaborated with two or more products, businesses or brands and for selecting this card, you have to determine your spending expenditures. Flying with the same airline every time you have a business appointment can save you bucks if you have their prepaid card, as well as provide you with added advantages. Attaining a prepaid card from your favorite store or shop will allow you to avail many discounts and special offers in all of their chains worldwide. Cheaper fuel can be bought if you get a prepaid card from your fuel company.

Opting for a prepaid card of a fuel company will benefit you if you travel long distances in a private car as you will be able to get fuel at cheaper rates. The Many Advantages: All the credit cards and prepaid cards offer its users numerous benefits and perks. These may include free coupons, gift hampers on specific amount of spending, discounts on products or services. Before making your selection, find out the benefits associated with both cards.

Card Charges There is a small fee for the issuance of a co-branded card by many companies. However, this fee is one time only, and after that, there are no further charges for the usage or maintenance of the card.

There are several advantages offered by co-branded cards to the card users. Hence, it is better to consider all the possibilities before buying your MasterCard credit card.

A Visa or MasterCard credit card can help you in shopping online, as well as worldwide, without the need of cash payments. So apply for a co-branded card today to avail its benefits!




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