Through the use of a prepaid card you can make purchases that you would instead have to use a credit card or cash to make. A prepaid card is usually excepted where most major credit cards are taken meaning that you do not have to worry about it not being accepted. The Bread Card is a prepaid card that offers a few additional benefits outside of its primary use. For the most part though it is simply a card where you can store your money on to save you in convenience and time as well as protect your financial interests.
Why a Bread Card
The reason why a bread card is good is because it is a prepaid card meaning that you can only spend what you have. Unlike credit cards where you have a certain line of credit you can use a bread card and only use the money you already have available to you at that moment. This decreases the chances of you spending money on things you can’t afford or facing bills at the end of the month. In addition to this when paying credit card bills interest rates could leave you with thousands of dollars in debt something that the bread card will not let you do. You can even make it where your employer sends your paycheck directly to your bread card so you won’t have to top it off.
If you don’t want to do it that way though there are several thousand locations that handle your money for you and you can top off your bread card with cash at any of these locations instead.
The bread card is a MasterCard meaning that it is accepted in many areas across the world not just in the UK. This means that you can go to several retail stores and purchase items just as you would with cash, and even get groceries and gas as well. You can send money or share it with friends and family that are a distance away from you instead of having to send them physical cash or wire them money instead. You can even shop online using the card or pay your cell phone bill as well.
The bread card is protected meaning that if it is lost your money won’t be gone. When it comes to dealing with cash and you lose your money it is gone forever and there is little chance of you getting it back but the bread card requires a pin to be used. Because of the pin if your card is stolen someone can’t use it and you can cancel it and get another right away without having your money taken from you.
What it is good for.
The card is great for those that want to save their money and who plan on sticking to their budget. In addition to this they can avoid overdraft fees that they encounter with banks and do not have to go through any credit checks in order to get the card making it a safe investment for many people.
I hope you found this bread card review informative. You can apply for a bread card here