Prepaid Cards Provide Security, Convenience and Flexibility

BFG offers a variety of prepaid cards for its members

Whether they are for personal use for a vacation or business trip, used as a "Thank You" or "Special Occasion" gift for someone, or to provide a pre-determined amount of money for a son or daughter away at school, prepaid cards can be used in numerous ways and offer an array of benefits. Discover for yourself why these prepaid cards are so popular, due to their unique benefits for everyday use.

Prepaid Cards Provide Safety and Security

Prepaid card users will enjoy added safety and security. A reloadable card or travel card and the money on it can be replaced if lost or stolen. Additionally, travel EuropayMastercardVisa (EMV) prepaid cards with EMV chip technology provide greatly enhanced safety making a lost or stolen card more difficult to counterfeit. Cards with EMV chips are gaining popularity across the globe and have become the new standard for card processing.

Reloadable Prepaid Cards are a Smart Choice

Reloadable prepaid cards can be a great option that does not link to other accounts. No concern for overdraft fees! Reloadable cards can also be a great tool to make sure you don’t over spend, since you cannot withdraw or purchase more than the balance available on your card. You can decide how and when you spend your money.

Prepaid Cards Offer Flexibility and Convenience

Prepaid cards allow their users great flexibility, too. They don't need to wait for a check to clear, and a prepaid Visa or MasterCard will be accepted virtually anywhere.

Clearly there are many great benefits of prepaid cards, but it's also important to consider some of the different options to choose between and work with. These include:

  • Travel EMV Prepaid Cards: Greatly improved flexibility, convenience and security compared to traveler's checks or cash, and can be utilized across the globe. Can also be utilized to draw money from banks and ATMs, and can be reloaded at any time.
  • Reloadable Prepaid Cards: A reloadable prepaid card offers even greater flexibility, while allowing you control. Can be used with direct deposit to get instant access to funds, or can be used as a reloadable card as a great way to spend only what you load.

Learn more about prepaid cards, their benefits and the different options available by contacting BFG Federal Credit Union, call 800.306.4400 or visit today.