MasterCard fees

Alec74

Recently signed up to MSE broadband recommendation of Plusnet which has a prepaid MasterCard deal as part of the package. 

Haven't activated card because I have now read that it is not possible to ever cancel prepaid cards sent as part of a deal.

Is this really the case? 

Replies much appreciated.

emmajones1976

I dont understand what the issue is, nor why you mention "fees".

Use the card, spend the balance, cut it up and never use it again? 🤷‍♂️

Alec74

My understanding is there are yearly fees

emmajones1976

Alec74 said:

My understanding is there are yearly fees

Your understanding looks to be incorrect

https://www.plus.net/broadband/cashback-and-vouchers-faqs/

Its essentially a pre-paid Mastercard debit card. Just spend the funds before the expiry date. How can they charge you a fee on a card with nothing on it?

Sandtree

emmajones1976 said:
How can they charge you a fee on a card with nothing on it?

Fee incurring credit cards will charge you a fee on a card with nothing on it... but clearly they do allow you to cancel so you can avoid the fee if the benefits you're paying for are no longer of interest/use. 

emmajones1976

Sandtree said:

emmajones1976 said:
How can they charge you a fee on a card with nothing on it?

Fee incurring credit cards will charge you a fee on a card with nothing on it... but clearly they do allow you to cancel so you can avoid the fee if the benefits you're paying for are no longer of interest/use. 

Sandtree said:

emmajones1976 said:
How can they charge you a fee on a card with nothing on it?

Fee incurring credit cards will charge you a fee on a card with nothing on it... but clearly they do allow you to cancel so you can avoid the fee if the benefits you're paying for are no longer of interest/use. 

There is no suggestion on that FAQ if there is a fee. It has an expiry date, upon which all balance vanishes.

Sandtree

emmajones1976 said:

Sandtree said:

emmajones1976 said:
How can they charge you a fee on a card with nothing on it?

Fee incurring credit cards will charge you a fee on a card with nothing on it... but clearly they do allow you to cancel so you can avoid the fee if the benefits you're paying for are no longer of interest/use. 

Sandtree said:

emmajones1976 said:
How can they charge you a fee on a card with nothing on it?

Fee incurring credit cards will charge you a fee on a card with nothing on it... but clearly they do allow you to cancel so you can avoid the fee if the benefits you're paying for are no longer of interest/use. 

There is no suggestion on that FAQ if there is a fee. It has an expiry date, upon which all balance vanishes.

I'm not saying that there is but it shouldnt be taken as an assumption that a card cannot incur a fee just because it has a nil balance which is what your final (rhetorical) question stated/implied

emmajones1976

I was basing my statement on the FAQs.