Debit Cards

MG Silver Prepaid Debit Card review

If you want an efficient solution to keep and carry your money, read our MG Silver Prepaid Debit Card review. No credit check required!

Advertisement

A convenient way of managing your finances: see how the MG Silver Prepaid Debit Card works!

MG Silver Prepaid Debit Card
MG Silver Prepaid Debit Card review. Source: Ok Save Money

Are you looking for a better way to use your money? This MG Silver Prepaid Debit Card review will show why a prepaid card can be a great option!

MG Prepaid logo

MG Silver Prepaid Debit Card: how to apply

Wondering how to apply for the MG Silver Prepaid Debit Card? We’ll tell you how to do it! Qualify with no credit check! Keep reading!

With no need for a bank account, this card will make spending much easier and more manageable. See the benefits of having this card in the following review. 

Min. Monthly IncomeNo minimum monthly income is required;
Initiation FeeNo initiation fee;
Monthly FeeNo annual or monthly fees;
Interest RateAs a prepaid debit card, the MG Silver Prepaid Debit Card will charge no interest rate;
RewardsEarn discounts to purchase at MG partners.

MG Silver Prepaid Debit Card overview

Carrying cash around is not a very practical way of using your money. You can lose the cash or lose track of your spending.

Therefore, the MG Silver Prepaid Debit Card is the perfect solution. Take this debit card with you, and you won’t be unprepared. 

It is a very simple card but very efficient. Therefore, you don’t need a bank account and can charge up to R1000 000.

In addition, if you need cash, you can withdraw up to R5 000 at an ATM. If you have employees, you can also use this debit card for payments.

Also, you can even take it on your international trip. As a result, this Mastercard will be accepted virtually everywhere.

MG Silver Prepaid Debit Card main features

Young adult African american girl sitting indoors doing mobile payment online.
MG Silver Prepaid Debit Card main features. Source: Adobe Stock

As a prepaid debit card, MG Silver performs very well. It has no rewards program or travel perks, but that’s not expected in this kind of card.

So read the pros and cons we’ve found in this MG Silver Prepaid Debit Card review:

Pros 

  • Count on Mastercard reliability to be accepted everywhere;
  • Charge the amount you need and reload, and it’s over to keep using;
  • Simple and fast to apply online;
  • Use it for both in-store and online shopping;
  • The MG mobile app will make it even easier to transfer and receive money, track your spending, etc.;
  • Payment and payroll solutions.

Cons

  • You can only spend up to the amount you’ve charged it, as this is not a credit card;
  • It will not build a credit score.

Requirements needed to apply

Forget about complicated application processes. As a result, this prepaid debit card takes only a few minutes to apply.

There will be no credit checks or income analysis; you just need your South African identity (with the green barcode).

How to apply for the MG Silver Prepaid Debit Card?

The whole application is online, and you’ll have MG support. So we’ve made an application guide to help you too.

Just click on the following link, and you’ll be one step closer to getting the MG Silver Prepaid Debit Card.

MG Prepaid logo

MG Silver Prepaid Debit Card: how to apply

Wondering how to apply for the MG Silver Prepaid Debit Card? We’ll tell you how to do it! Qualify with no credit check! Keep reading!

About the author  /  Julia Bermudez

Trending Topics

content

Choose the right credit card and reach financial freedom

Learn why it's important to to choose the right credit card and how to pick one that matches your finances and lifestyle!

Keep Reading
content

How to make money fast in South Africa? 

Are you in South Africa and wondering how you can make money fast? This post has the answer you’re looking for, so read on!

Keep Reading
content

How to check your UIF payout

Make sure you're getting your fair share of payments on a regular basis. Learn now how to check UIF payout!

Keep Reading

You may also like

content

Find out how to apply for a Hippo Loan of up to R350,000!

Do you need a loan to help you manage your finances? If so, you can learn how to apply for a Hippo Loan of up to R350,000. So, read on!

Keep Reading
content

Nedbank American Express Gold Credit Card: how to apply

Learn how to apply for the Nedbank American Express Gold Credit Card. This post will show you step-by-step! Earn points on purchases!

Keep Reading
content

Hoopla Loans: all you need to apply

If you're looking for a loan and want to find the best lenders and offers, check out how to apply for Hoopla Loans! Up to R250,000!

Keep Reading