Maestro cards - the best combination of cost and functionality

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

Plastic cards today have become a mandatory attribute in the pocket of every modern person and are, in fact, the second wallet. Someone has several of them (both credit and debit), someone manages one. In any case, this tool for settlements and storage of funds is very convenient and has many advantages over cash. If your main financial transactions are cash withdrawals and payment of any purchases, bills in a cafe, etc., then Maestro, an entry-level card of the Master Card payment system, would be the best solution. This is one of the most accessible and inexpensive to maintain (and sometimes free) types of plastic. At the same time, the functionality of the card is quite sufficient for its comfortable use.

Maestro card can be issued from the age of 14. This is convenient, for example, for allocating pocket money to children. You put a certain amount, which you deem necessary, into your child's account, and he withdraws them whennecessary (or pays at the cinema, cafe, shop). This is how financial literacy gradually develops, and a maturing person learns to use money and other means of payment.

Often, Maestro cards are used by organizations as salary cards. Their maintenance is cheaper than the Standard categories, for example, and the functionality is almost the same:

• cash withdrawal from ATMs (including in other countries of the world);
• payment by card for bills in a store, restaurant, etc.;
• calculations and payments on the Internet;
• possibility of issuing additional cards to the same account;
• use of additional bank services (SMS informing, Internet banking, etc.).

Payment by Maestro card is possible only after passing the authorization procedure, which guarantees the safety of your funds and their protection from access to the account of fraudsters. In addition, it can be equipped with a chip (additional "insurance") or only a magnetic stripe. It happens both embossed (which is more priority), and not.

All over the world, Maestro cards, like Visa's Electron, are the most common universal means of payment and settlement. They are optimal in terms of price / package of services provided and are easy to use. At the same time, the level of reliability of these cards is no worse than plastic of other categories.

Maestro cards are often offered as a gift when applying for a consumer loan in a store, for example. They canbe used to carry out any promotions, allowing holders to accumulate bonuses for completed transactions and receive opportunities by exchanging points for purchases, services, tickets, etc. In addition, this particular category of plastic cards is usually issued to students, graduate students for scholarships, pensioners and beneficiaries to transfer pensions and social benefits.

Maestro cards, like all others, can be opened in rubles, dollars or euros for more convenient and profitable use not only in our country, but also abroad. Despite the fact that this plastic is the most affordable and cheapest, it does not lose in terms of functionality and level of protection, as it offers bank customers the best combination of wide opportunities in financial transactions and reasonable service prices.