|by Mr Credit Card|
The YAP™ MasterCard Prepaid Card is issued by Horizon Bank, SSB, a FDIC member. It is targeted at those without bank accounts and have problems with their credit. This prepaid card is one of the most cost effective cards on the market today. Let’s take a closer look at this card.
Fees – For me, the key feature to look out for in prepaid cards are their fees. In this area, this card is one of the best there is. There are no activation fees and transaction fees. There is also no fee for receiving money in your card (via direct deposit, bank account, mobile, or from another Yap customer) and also no fee to check your balances and see your transactions over the phone.
If your card is loaded with at least $500, there is no monthly fee.
Verdict – The YAP™ MasterCard Prepaid Card is perhaps one of the most cost effective prepaid credit cards in the market today. If you are looking for one, this would be on our recommended list.