How to save money with a bank card

Do you understand that it is necessary to rationalize costs, but do not know how to do it? We suggest opening a free online account to get started. Next, we’ll talk about how this can help you keep your budget.

How to save

Equipped with a WestStein prepaid card, you get a state-of-the-art tool for streamlining costs and budgeting. This card has the same functionality as a plastic card, but you can only use it through the application and your personal account.

You can get the card completely free of charge and, importantly, in a matter of minutes. To do this, you do not need to go to a bank branch and stand in lines. You can do this at any time convenient for you. You get a free online account, which is also inexpensive in terms of service.

You will immediately notice the benefits of using such an account. So, when using a plastic card, you will have to suffer from non-fixed commissions when withdrawing money. The amount depends on the ATM you are using. As a rule, it is possible to withdraw money with the lowest commission only at the ATMs of the bank whose card you are using. But there are either few of them in the city, or they are located in inconvenient places. Therefore, every time you have to overpay.

A virtual card will help to avoid this. After all, you can withdraw money at absolutely any ATM. At the same time, the commission will be very low and, most importantly, always fixed. You can also use the card in almost all stores around the world. That is why this card is so convenient when traveling.

How to learn to spend less

The advantage is that the virtual debit card allows you to customize the settings for yourself. For example, if you want to learn how to spend less, we recommend setting a limit. You determine the amount yourself at the beginning of the month, after that you need to replenish the card. You cannot spend more than indicated in the limit. Also, it is impossible to drive the card into a minus, so you will not become a victim of ever-growing credit debt, as is often the case when using plastic.

At the end of the month, you will receive a detailed report on all expenses. So you can study it and correct it in a way that is convenient and comfortable for you.

These cards are very convenient to use when traveling. After all, you can replenish your account even before the trip for the amount that you are ready to spend on vacation. As mentioned above, you can use the card all over the world, at any point of sale, without overpaying.

Another way to save money is to buy goods on the Internet, choosing the offers with the most attractive prices. As a rule, by successfully choosing a trading platform, you will save over 30 percent. But in order to shop online safely, we recommend ordering a prepaid Mastercard. Using standard cards, you take risks every time. After all, you have to enter the card details and your confidential data. So you run the risk of stumbling upon scammers and losing all funds.

You are also protected when purchasing goods from physical stores. After all, the modern system Mastercard 3D Secure is provided. So such cards can deservedly be considered the most reliable. That is why many large banks are moving away from using physical cards: this not only reduces the bank’s expenses, but also increases the level of service and security for customers.

In addition, you can replenish the card only for the amount necessary for the purchase, and store fixed assets on another card that is not tied to a virtual one. This way you will not spend more than you planned. The system simply will not provide such an opportunity.

Using a virtual card is much safer, because you can manage it through the application. In this case, you do not have to transfer personal data and details.

Another plus – you can link several cards to one account at once. As a rule, parents open them up for children. This allows you to rationally allocate pocket money, monitor how your child uses it, and replenish the account only when necessary. At the same time, the child will definitely not lose the card, as is often the case with plastic.

The map allows you to rationalize and control even the most insignificant, as it might seem at first glance, expenses. But this is an important point that allows you to globally tidy up your budget.

You can open an account at any time convenient for you, as well as close it. The procedure takes a few moments, because it does not imply the production of a physical card – the details are generated instantly. Immediately after registration, you can fund your account to use it. So we strongly recommend getting a virtual card as soon as possible. You will appreciate all the benefits after making the first purchase.