Debit Cards
MG Black Prepaid Debit Card review: luxury travel rewards
This prepaid debit card will mesmerize you with its luxury travel rewards. Read on this MG Black Prepaid Debit Card and learn about its benefits!
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You can get a Concierge by becoming a member of MG Black Prepaid Debit Card
If you’re unwilling to undergo a credit check, read our MG Black Prepaid Debit Card review. You’ll see how this card can offer premium benefits.
MG Black Prepaid Debit Card: how to apply
Learn how to apply for the MG Black Prepaid Debit Card and enjoy the luxury benefits of a premium card with no credit check!
We’ll tell you what’s good and suspicious about this prepaid debit card. So check what it offers and how to use them to get benefits.
Min. Monthly Income | There will be no credit check, as this is not a credit card; |
Initiation Fee | You must pay R100 to buy this card; |
Monthly Fee | No monthly fee; |
Interest Rate | No interest rate; |
Rewards | The MG Black Prepaid Debit Card offers no rewards but claims to have travel and dining partners to offer you discounts and privileges. |
MG Black Prepaid Debit Card overview
The MG Black Prepaid Debit Card is mysterious, and there are few details about it on their website. But we’ll tell you what we found out.
Thus, as you might be familiar with the black cards with premium benefits, this is the first time we’ve heard about a black premium prepaid debit card.
You must contact MG cards through their website contact form to get one of these prepaid cards. You’ll have to pay to get the card in the first place.
Also, you can load up to R2 000 000 monthly. If you use it to purchase with selected MG partners, you can get travel, dining, shopping, and more deals.
Moreover, it is a very simple way to manage cash if you’re not willing to apply for a credit card or open a traditional bank account.
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MG Black Prepaid Debit Card main features
Indeed, prepaid debit cards are getting more and more popular across South Africa. Many see these cards as an easy way to store and use cash.
So let’s review the pros and cons of choosing the MG Black Prepaid Debit Card to make your purchases and keep your money.
Pros
- No contract and no credit check. You just buy the card, load it, and it is ready to use;
- This card has a high limit for deposits, as you can load up to R2 000 000 (with no more than R1 000 000 per day);
- The MG Black Prepaid Debit Card claim to have luxury partners to offer luxury travel, dining, entertainment, and shopping benefits for its members;
- 24/7 Concierge Service.
Cons
- The website has no details about the luxury and lifestyle partners
- You must pay a percentage of 4% per deposit and an R10 fee to MG every time you load your card. Considering the maximum monthly deposit is R2 000 000, it can result in at least R80 000 in deposit fees.
Requirements needed to apply
The MG Black Prepaid Debit Card has no eligibility requirements, and you don’t have to be approved.
You’ll be automatically approved as soon as you buy the card, activate it and make your first deposit to start using your MG Black Prepaid Debit Card.
How to apply for the MG Black Prepaid Debit Card?
This prepaid debit card is hassle-free, and you can easily get your MG Black Prepaid Debit Card.
Check the post on the following link to learn about the application process.
MG Black Prepaid Debit Card: how to apply
Learn how to apply for the MG Black Prepaid Debit Card and enjoy the luxury benefits of a premium card with no credit check!
About the author / Julia Bermudez
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