The MG Prepaid Card is an extremely efficient and secure money management solution.

You can have the facilities of a debit card without paying the absurd fees charged by banks. However, this card is more than just a debit service. So check it out!

The MG Prepaid Card appeared in the national market as a great way to protect your money. This is a prepaid card. Thus, you can deposit amounts and spend.

You can still withdraw it at ATMs. That’s without having to open a bank account or worry about high credit card maintenance fees.

Thus, you can load up to R25,000 simultaneously on this card. In addition, you are authorized to make daily virtual withdrawals or transfers of up to R5,000 per method.

This card can be used at any store in the country that accepts Mastercard cards. This way, it is an excellent option for students and people who want to control expenses.

So you can invite friends or family to access these same benefits. All your money, transactions, and expenses can be managed through your mobile’s “MG Pay” app.

In fact, reloadable cards attract customers because of their ease of obtaining. However, sometimes the facilities are compensated by some limitations.

So below, see the list of this card’s main “pros” and “cons” and decide if it deserves to be yours!

Like most prepaid cards, this service does not establish many criteria for admitting customers. Below, learn about the basic prerequisites to have this card:

In fact, having this card is as simple as buying food in a supermarket. To learn more, see the step-by-step in the following post.