Everything You Need to Know about Money Fellows Prepaid Card

Money Fellows' prepaid card on 3elm Elgeib blog

Everyone is looking for easy and quick payment solutions in today's fast-paced world. That’s why prepaid cards have become a popular choice for many people. Instead of opening a bank account or using a credit card with all the potential complications, prepaid cards offer a safe and flexible way to manage your finances. How? You load the card with the amount you need, and you can use it for everyday purchases or online transactions as if you were carrying cash, but electronically.

One of the most convenient options on the market right now is the Money Fellows Prepaid Card. This card not only makes payments and shopping easier, but it also keeps your security intact and protects you from fraud. Since you don’t need a bank account to use it, you simply load the card using different methods and start using it immediately. This prepaid card is ideal for Money Fellows customers or those who don’t want to deal with the complexities of banking procedures and are looking for a fast and simple payment method.

Let’s dive into all the details about the Money Fellows Prepaid Card and why it might be the perfect choice for you.

 

Features of the Money Fellows Prepaid Card

1. Easy Circles Management: Settle your Circle installment and receive your payout dues directly through the card without any service fees.

2. Exclusive Offers: Enjoy special discounts and deals from our merchants’ network across various categories.

3. Hassle-Free Deposits and Withdrawals: Deposit funds via circles payouts, ATMs, bank cards, or e-wallets. Withdraw cash from any ATM or Fawry Plus locations.

4. User-Friendly Control: Manage your card conveniently through Money Fellows app.

5. Cashback Rewards: Earn 5% cashback on all transactions, with a maximum of EGP 100 per purchase (limited-time offer).

 

How to Apply for the Money Fellows Prepaid Card?

  • For Existing Money Fellows Customers in Circles:

If you’re already part of a circle with Money Fellows, the card is for an issuance fee of EGP 149. Here’s how to apply:

- Open the Money Fellows app and select the "My Card" option.

- Submit your request, and once approved, follow the instructions to collect your card.

  • For New or Non-circles Customers:

If you’re not currently part of a circle or are new to Money Fellows, you can still get the card for an issuance fee of EGP 149. Follow these steps:

- Download the Money Fellows app and complete your profile.

- Select "My Card" and submit your request.

- Upload your national ID and wait for approval.

 

FAQs About the Money Fellows Prepaid Card:

 

1. How Long Does It Take to Approve My Request?

Approval typically happens within minutes. In some cases, verification of your ID and details may take up to 3 business days.

2. How Can I Collect My Card?

Visit the nearest registered collection point, such as Fawry Plus locations or Money Fellows branches in Mansoura and Zagazig. Bring your national ID and sign the “Know Your Customer” document during collection.

3. How Do I Activate the Card?

To activate your card, follow these steps:

  • Scan the code included with the card using your phone’s camera.
  • Open the app and select "Activate" under the "Card" section.
  • Enter the last four digits of your card number.
  • Input the activation code found on the back of your card.
3 steps to activate Money Fellows' prepaid card on 3elm Elgeib blog

4. What are the card fees?

- Balance Inquiry Fee: EGP 2.5

- Withdrawal Fee: EGP 5 per transaction

- Renewal Fee: Free

- Monthly Maintenance Fee: Free

5. How to Top Up Your Card?

You can deposit money into your card via several methods: Bank Transfers, ATMs, E-wallets, and Bank Cards.

Steps to Deposit Funds:

- Open the app and go to "My Card."

- Select "Deposit."

- Choose your preferred deposit method.

6. What are the Card Limits?

Daily Limits:

- Purchases: EGP 60,000

- Deposits: EGP 60,000

- Withdrawals: EGP 30,000

Monthly Limits:

- Purchases: EGP 200,000

- Deposits: EGP 200,000

- Withdrawals: EGP 200,000

7. Does the Circle Payout Transfer Automatically to the Card Once I Receive It?

No, you need to select the card as your preferred payout method in the app. Once you do that, your circle payments will be automatically transferred to the card on your scheduled payout date.

8. Can I Receive Transfers to the Money Fellows Card via InstaPay?

No, the Money Fellows Prepaid Card does not currently support fund transfers through the InstaPay application.

9. Are There Fees for Depositing Money from My Bank App to the Money Fellows Card?

There are no additional fees for transferring funds from your bank app to the Money Fellows Prepaid Card.

 

 

Whether You’re Looking to Manage Your Finances More Effectively or Enjoy the Convenience of a Digital Payment Solution, the Money Fellows Prepaid Card is a Game-Changer

It’s secure, flexible, and tailored to meet your financial needs without the hassle of opening a bank account.

Order your Card today and experience seamless financial freedom!


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