Everything Finance


Mango™ Prepaid Debit Card from Horizon Bank

Published on Jul 06 2011 // Written By // Credit Card Reviews, Personal Finance, Product Reviews

The Mango™ Prepaid Debit Card is one of the popular cards in the US. The reason for popularity of Mango™ Prepaid Debit Card is that it has one of the lowest fee charged for any prepaid debit cards. There are some features of the Mango™ Prepaid Debit Card that make it a preferred card among the people of US. The Mango™ Prepaid Debit Card is a product of the Horizon Bank. A Mango™ Prepaid Debit Card is the best card for people who do not have a credit history or for those who have a negative credit history.

One of the features that make Mango™ Prepaid Debit Card popular is that there is no annual fee as long the users deposit $500 on monthly basis. If there is a lower deposit, the users of Mango™ Prepaid Debit Card are required to pay $5 per month and this is a nominal charge to be aid for using a prepaid debit card. Another major advantage of keeping a Mango™ Prepaid Debit Card is that the users do not need to have any bank account. There are no credit checks done for providing this card. Since there is a Master Card logo associated with this card, you can shop anywhere with this card. Every place that accepts Master Card will also accept a Mango™ Prepaid Debit Card.

The Mango™ Prepaid Debit Card does not have any shipping or handling fee. The Mango™ Prepaid Debit Card also offers free direct deposit and loading facility to its users. The card can be loaded through direct deposit, through a bank, or through a mobile phone. The Mango™ Prepaid Debit Card can also be loaded online with the help of another Mango card user. There is no activation fee to start using this card. Many cards charge a one-time activation fee to activate prepaid cards.

There are some more features associated with a Mango™ Prepaid Debit Card that attract people. The users can check their account statement for free. People can manage their account online or on their phone without paying a single penny. As Mango™ Prepaid Debit Card is a prepaid card; there is transaction limit or purchase limit on this card.

There are however some points that people would not like about this card:

  • There is a fee of $2 charged each time the user withdraws cash from ATM.
  • This card does not help in building a credit history.

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About

Tushar Mathur has been blogging about Personal Finance since January, 2007. This has helped him recognize what topics readers like and relate to. The goal is to spot good news-worthy info and get it out to the public as soon as possible. Tushar Mathur maintains this Personal Finance blog called Everything Finance. The blog articles fall under these categories: Investing, saving money, shopping, blogging and making money online.


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  1. [...] your credit is likely to lead to lower interest rates on your debt later on.Prepaid Debit CardA prepaid debit card works when you load it with funds. Then money is debited from the card as you use it. You [...]

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