Sunday, April 15, 2018

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:

Spending Expenditures Prepaid card holders can save up a certain amount of money in their cards to use it at the time of purchases.

As co-branded cards are usually in collaboration of two or more brands or businesses, you need to consider your own spending preferences before you opt for a card. If you frequently fly with an airline for business purposes, you may benefit from their prepaid card, as it will provide you with additional benefits too. Similarly, a store card may provide you with discounts at its worldwide chain and a card taken from a fuel company may be best if you travel long distances via private car, as you can get cheaper fuel with your card.

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.

What Will It Cost You? There is a minor fee which is applicable at the time of applying for a co-branded card but once the customer pays this fee, he/she can enjoy all the facilities of the card without any added charges. There are no additional charges on any of the transaction made by the card holder. However, considering all the practical benefits of each card and comparing them carefully will allow you to make a better decision on selecting the card that offers maximum benefits for you.

This means all purchases made by you are free of extra charges. It is better to keep in mind the utilitarian value of both cards and make a comparison before making your final decision.

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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