Mastercard Gift Card Explained

This article explained Mastercard gift card in an interesting way. If you have ever received gift cards as a present, you would definitely understand why this topic is interesting.

As we journey through life, we meet certain people who leave their marks in our lives and its only best that we appreciate them and one of the best ways to do so is with a gift card. There are quite a number of gift cards available around, but this post is centered on the Mastercard Gift Card.

WHAT IS THE MASTERCARD GIFT CARD?

The Mastercard Gift Card is a card that can be used to procure products and services anywhere in the world. The Debit Mastercard is not remediable for cash, except as recommended by the law. Also, Mastercard Gift cards cannot be used at ATMs, for manual card imprint or even for guaranteeing an item.

It is usually advised that the card holder writes down the Card number and Customer Service number inscribed at the back of the Card on a separate piece of paper, should the card get stolen or gets lost.

Every Mastercard Gift Card usually contains a fixed amount that can be used for purchases, therefore the amount of every product or service paid for using the card is mechanically debited from the value on the Card.

• 

It is further advised to choose the “credit” option when making purchases from merchants with an automated terminus.

Mastercard Gift Cards can be procured in various retail locations, but the only place to personalize a Mastercard Gift card is online. Master cards that are not customized can be purchased at Shopping malls, Restaurants or Grocery stores.

DO THE FUNDS ON MASTERCARD GIFT CARDS EXPIRE?

The Funds on Mastercard Gift Cards never expire, they are only used up. This implies that the funds on your Gift Card do not have validity periods; funds in the cards can remain there for as long as possible, unless used up, or unless the card expires; otherwise, they can be assessed at any time.

DOES THE MASTERCARD GIFT CARD EXPIRE?

Yes. According to applicable law, the card would no longer work when the value left in it is equivalent to $0 or the “validity date printed in front of the Card has passed.

CAN FUNDS BE ADDED TO THE MASTERCARD GIFT CARD AFTER PURCHASE?

No, funds cannot be added to the card after it has been purchased; (although certain prepaid Mastercards are reloadable), because the card is expendable and therefore cannot be reloaded. When all funds/ value in the card is exhausted, the card should be damaged personally.

ARE THERE EXTRA FEES INCURRED FOR USING THE CARD?

Mastercard Gift Cards do not incur additional fees. Once the card has been printed and purchased, zero usage fees usually applies.

The Mastercard gift card is a perfect gift for family and friends in diaspora. What’s more? It’s the festive season and everyone is into the shopping business right now and this would make an extremely thoughtful gift.

If you enjoyed reading this as much as I enjoyed writing it, stay tuned for the next post centered on the Africard.

See here for further information about the Mastercard gift card.