Univision cancels its prepaid card

The Univision prepaid card, the result of an agreement between this business group and Bankcorp, worked with cash top-ups, just like other prepaid cards. Unfortunately, it has already been officially notified that Univision cancels its prepaid card, as stated on their website.

Univision cancels its prepaid card

The Univision company has reported through its official website that the programs of Univision Prepago and Univision Dinero Móvil prepaid cards are discontinued as of July 14, 2020.

Customers of these cards who wish to obtain more information about this measure should contact the telephone number 1-877-883-6688. To access your account before closing, please visit “My Account” (Click here).

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Univision cancels its prepaid card. Should I get another one?

It is important that you know that prepaid cards are not always the best option, due to their fees and commissions. Therefore, it is important to analyze the costs before purchasing them. In the specific case of the Univision prepaid card, you would be paying a monthly commission of 10 dollars and about 2 dollars for withdrawals at ATMs.

The Univision card was an excellent option for those who did not have a current account in a bank. Another advantage of this type of card is that if you lose it, you get a refund of the balance, that is, you don’t lose your money. In addition, they do not require a credit history check because the card user uses their own money to make purchases.

IMPORTANT: Remember that if you are going to request a prepaid card, you must read the fine print carefully. Normally, there are costs and fees associated with its use.

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