Debit Cards

MG Black Prepaid Debit Card full review: should you get it?

Do you think that concierge services, travel perks, exclusive tickets to worldwide events and discounts are perks only available to credit card customers? Read on to learn about the MG Black Prepaid Debit Card!

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MG Black Prepaid Debit Card: enjoy exclusive perks on travel, dining and events

MG Black Prepaid Debit Card
See the main perks of the MG Black Prepaid Debit Card! Source: Money Group

Indeed, the MG Black Prepaid Debit Card is unlike any other. Thus, this simple prepaid card can transform your employees’ trips into incredible experiences.

MG Black Prepaid Debit Card

Apply for the MG Black Prepaid Debit Card!

Without leaving your home, learn how to rely on one of the most revolutionary solutions for issuing and registering payments in your company. Read on to learn how to apply for the MG Black Prepaid Debit Card!

That’s because this card has features only available on a luxury credit card. To find out how this is possible, see the review below:

Monthly IncomeNot specified
Monthly FeeNot specified
Initiation FeeNot specified
Interest RateNone
RewardsMG Plus: discounts on flights and hotels, stores and partner establishments, mobile top-up, bill payments, online purchases and rewards

MG Black Prepaid Debit Card: learn more about this financial product

Indeed, the MG Black Prepaid Debit Card is at the top of the prepaid cards available in the country. This card is one of the few in the country offering a concierge service.

In this way, a simple trip to work or business can become an unforgettable experience. With this service, your employees can easily access the best hotels, restaurants, and events worldwide.

Find out more about this product below:

MG Black Prepaid Debit Card features

Happy young woman paying bill with a contactless credit card in a restaurant. Female smiling holding a creditcard and giving a payment transaction to the cashier.
See this card’s main features! Source: Adobe Stock

Indeed, this card draws attention to the volume of money it can store. However, there are some “downsides” that might make this product not worth it for you.

Therefore, to learn more, see the lists below:

What are the benefits?

  • Count on a concierge service to make the most of travel, hotel stays, restaurants, and more;
  • Safely and easily store up to R2,000,000;
  • Make withdrawals of up to R25,000 and online purchases of up to R100,000 per day;
  • Use it anywhere in or out of the country.

And what are the drawbacks?

  • The fees you must charge for using this service are not fully explained on the official website of this product;
  • This card does not generate records in the credit history. Thus, this cannot help those who want to build credit;
  • The money stored on this card does not generate any income for its owner;
  • Individuals cannot request this card. Only companies.

What are the requirements to apply?

Indeed, this card cannot be requested by individuals. So, this means that only a representative of a company located in the country can request this service.

Thus, you can find out more details about the ordering process for this product in the following post:

How does the application process work?

Indeed, this card has a different application process than most prepaid products. To find out how you can have this incredible card without leaving home, see the following post:

MG Black Prepaid Debit Card

Apply for the MG Black Prepaid Debit Card!

Without leaving your home, learn how to rely on one of the most revolutionary solutions for issuing and registering payments in your company. Read on to learn how to apply for the MG Black Prepaid Debit Card!

About the author  /  José Gonçalo

I started reading about finance only to find better options than savings. Since then, I have never stopped studying finance, and I believe that writing about it is the best way to help individuals feel fulfilled and have a healthy financial life. Today, I balance finance and medical school studies.

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