ENGLEWOOD, Colo. — Fred's will now offer Western Union prepaid cards at 645 stores in 15 states.
Available cards will include the MoneyWise and Gold Card MasterCards and the Western Union Telemundo MasterCard. All three of the cards can be used anywhere debit MasterCard is accepted, including at ATMs and for online shopping. Cards can be “topped up” or reloaded with cash at one of 45,000 Western Union Agent locations in the United States or at any Fred’s location that offers the cards.
Cardholders also can load funds onto their cards through direct deposit, through their bank accounts online or by directing a Western Union Money Transfer transaction directly onto the card.
“Before Western Union introduced any stored-value products, we asked our customers what they wanted,” said Mike Hafer, SVP global prepaid for Western Union. “The result was these cards – they are fee-friendly, and our customers can use them for the majority of their financial needs. We are not just selling cards. We are creating stronger bonds with our customers and introducing – and refining – solutions that our customers will want to use again and again.”