Most money lenders have a history, of course, for lending money, but not many of them have a history like Western Union. Western Union was originally a telegraph company. They were the first ones to complete a transcontinental telegraph line and they were at the beginning of communication industry. They created a stock ticker and then, in 1871, they created a way to transfer money from place to place. Using their existing telegraph network, they were able to get money from place to place so that those who were in remote areas would have access to the funds that they needed. When the telephone started to become more popular, the telegraph started to go out of service, but fortunately for Western Union, money transfer was becoming extremely popular, which meant that they were able to stay afloat instead of crashing when the communication climate changed.
Now Western Union can be found in thousands of places around the world and the company is still one of the top ways to transfer money from one place to another. How it works is easy: if you’re looking to transfer money to a cousin in California, for instance, you would go to a Western Union location and explain how much you’d like to send, the name and address of the recipient, and the town or specific Western Union location that the recipient will be picking up the money from. Western Union then gives you a specific number, known as a Money Transfer Control Number, which needs to be given to the recipient. The recipient is then able to go to the payment location and give the teller the number that they received, and, as long as they have documentation to prove who they are, they are able to retrieve the funds that the sender wanted them to have. What’s really happening is that the sender is giving Western Union money at one location, for a fee, and they, in turn, bank the money, so that when the other location gives the money to the recipient, it truly is paid for.
But Western Union doesn’t only do money transfers, they are also becoming known for credit cards. Their credit cards have become extremely popular lately, likely due to the fact that card owners can actually earn money by paying their bills or sending money through the company. But not everyone wants to have credit card debt, which is why the Metabank Western Union Gold Card Prepaid Visa is a brilliant concept.
The Metabank Western Union Gold Card Prepaid Visa works just like most secured credit cards. When you have a prepaid card, you’re not at risk of overspending because you are only allowed to spend up to the amount of money that you placed on the card. If, for instance, you placed $900 on the secured card, you would only be able to spend that amount of money. It is similar to a debit card only with a debit card you do run the risk of spending more money than you have in your checking account. With a secured card, however, you do not, allowing you to spend only the amount of money that you have and to avoid going into debt. With a prepaid card, you don’t have to worry about interest, late payments, or even finance charges, and there are also no due dates that you have to worry about or any revolving balance. You simply place money on the card and then use the card as you wish, with no repercussions.
The Metabank Western Union Gold Card Prepaid Visa is a Visa that actually earns you money whenever you use Western Union to pay bills or send money, which is a huge benefit for anyone who uses the company on a regular basis. Being able to earn cash back is one of the many perks that traditional credit card companies issue users, and to be able to earn perks on a prepaid card is not something that most prepaid card companies offer.
With the Metabank Western Union Gold Card Prepaid Visa, there are a multitude of other benefits, too, including the fact that it is protected by the zero liability policy that Visa has put into effect. This policy protects you in the rare event that your card is stolen or gets lost. The money that you have put on the card does not disappear with the card, but the card can be restored along with the money, so that you don’t have to worry about losing your money should your card be lost or stolen. Another huge benefit of the Metabank Western Union Gold Card Prepaid Visa is that there are no fees.
Many prepaid cards ask for an activation fee, but for the Metabank Western Union Gold Card Prepaid Visa, there are absolutely no activation fees. Not only that, but there are no monthly fees either, nor should you expect to see any transaction fees when you make a purchase. You can also reload the card using direct deposit without incurring fees (something that many prepaid cards charge you) and you can rest easy because there are no overdraft fees either.
Metabank Western Union Gold Card Prepaid Visa cards are accepted at any location that accepts Visa cards, including online stores. It can even be used at an ATM, which allows you to get cash when you need it, just like the Western Union Company has always promised. Users of the card can track their balance online or through a special phone number, and if they need help, they can receive live customer service without having to worry about any hidden charges or fees. The Metabank Western Union Gold Card Prepaid Visa is a credit card that is perfect for people in today’s world who are looking for a way to have a credit card without having to worry about the balance. It gives users the opportunity to earn rewards and to spend without having to worry about spending more than they have. |