Western Union Prepaid Credit Card gives a customer that well cherished financial flexibility through the power of plastic that can be managed with ease. This is not a typical credit card and has its own characteristics.
In order to start the game one customer is required to load the Western Union Prepaid Credit Card with the desired amount of fund. After loading the card customer is now ready to use it for transaction purpose. With every transaction through the card, equal amount of money is deducted from the balance deposited.
As Western Union Prepaid Credit Card is not a traditional credit card , it doesn't report transaction history of the card holder to credit rating bureaus and in the process does not help in building credit.
Fees structure of Western Union Prepaid Credit Card
Western Union Prepaid Credit Card charges a monthly fee for maintenance of the account which is at present US$4.95. In case of Direct Deposits this monthly maintenance fee would be waived.
Every time a customer uses the Western Union Prepaid Services for loading the card a fee called Western Union Fee is charged. At present this fee is fixed at US$3.95.
In USA, there is both an upper limit and a lower limit for loading a Western Union Prepaid Credit Card which is US$30 and US$950 per day respectively.
The other charges associated with Western Union Prepaid Credit Card are Cash Withdrawal Fee (US$2.00), Live Customer Service Fee (US$2.00) and Paper Stamp Fee (US$2.00).
The free services are IVR Call and Direct Deposit Fee.
Some of the rules associated with the Western Union Prepaid Credit Card are :-
The minimum age required for enrolling for this card is 15 years.
Another restriction applicable to this card is on the number of Western Union Prepaid Credit Card a person acquires. Each individual is entitled to have only one account in his name.
The concerned card is not liable to be loaded with money by any person except the Western Union Prepaid Credit Card holder. It is mandatory for him/her to be present at the time of loading the card.
Services associated with the Western Union Prepaid Credit Card are :-
Western Union Prepaid Credit Card can be loaded in any agent location (which can be searched online) or may through calling the 24 hour help desk (1-800-325-6000). Call line is also available for the Spanish speaking people and the number is 1-800-325-4045.
The customer could also enroll for the Western Union Prepaid Credit Card through online services.
Western Union Prepaid Credit Card is accepted almost everywhere. Customer could also shop through it online.
Western Union Prepaid Credit Card is of immense help to the prepaid credit card holders because of its convenience of carrying money in the form of a plastic card and not in cash form. It can be managed by him only in a more safe and convenient manner. The control on the bill lies with the customer himself and thus restricts him from excessive expenditures.