Find answers on prepaid cards

Find answers on prepaid cards
3.84 (76.82%) 44 votes

Prepaid cards are an easy way to purchase things of your choice with preloaded money. In order to make the right choice and pick the best prepaid card, read on to related to prepaid cards, how to get one, top prepaid cards, to name a few.

What are prepaid cards?

Rate this post

Unlike the traditional debit cards, prepaid cards do not need to be linked to your bank accounts. You can purchase a prepaid card with money loaded on it and spend that amount to purchase a number of things.

Where can I get prepaid cards?

Rate this post

Prepaid cards can be purchased at many stores and online. These are also known as stored-value cards.

What are the benefits offered by prepaid cards?

Rate this post

Some of the benefits of prepaid cards are no credit checks, as there are no credit facilities, you can’t get into debt, you can use them abroad, there are cashback benefits on some of the prepaid cards, etc.

Where can I find top 10 prepaid cards?

Rate this post

Search the internet for top 10 prepaid cards and you’ll get a list of cards to choose from. Every prepaid card will have its own advantages and disadvantages. Make sure to look into all the details of the prepaid cards and then select the one that suits your needs.

What are prepaid credit cards?

Rate this post

A prepaid credit card is a card issued by a financial institution and can be used just like any other credit card. But in case of a prepaid credit card, you purchase things with preloaded funds paid by you instead of borrowed funds.

What are the drawbacks of prepaid debit cards?

Rate this post

Some of the drawbacks of prepaid debit cards include no improvement in your credit history, they may have expensive fees to open and sustain your account, may also charge extra for reloading money, etc.

Where can I not use prepaid debit cards?

Rate this post

There are some limitations on the use of prepaid debit cards. For instance, you cannot use prepaid cards to pay for your accommodation in hotels, in car rental agencies, to name a few.

How to get the top 10 free prepaid cards?

Rate this post

The best way to find the top 10 free prepaid cards is to search on the internet. You’ll get a list of free prepaid cards along with their benefits, monthly charges, if any, ATM access, etc.

Can I pay bills through online prepaid cards?

Rate this post

Yes, you can use online prepaid cards to pay bills as well. There are a number of websites that allow you to directly pay your bill online through debit or credit prepaid cards.

How to get a prepaid credit card?

Rate this post

The easiest way to get a prepaid credit card is through online. Firstly, you research which credit card you want to opt for and then visit the appropriate website and follow the steps online to register and get a prepaid credit card. Unlike traditional credit cards where you have to use the borrowed funds, prepaid credit cards let you use preloaded funds.

What is a re-loadable prepaid card?

Rate this post

A re-loadable credit card is a separate card in which you can add money. This card is different from your debit card linked to your checking account. Re-loadable cards come with monthly fee charges.

What are some popular prepaid cards with no fee?

Rate this post

BBVA and American Express bluebird offers prepaid cards with no monthly or annual fee.

How much does a prepaid card cost?

Rate this post

You can get a debit card free of cost or it costs between $3 – $5. The price varies from bank to bank.

How much is the transaction fee in a prepaid card?

Rate this post

Most of the banks don’t levy transaction fees. Banks either charge activation fee or the might charge transaction fee, but not both.

Which are some of the best prepaid cards with no transaction fees?

Rate this post

Credit card.com is a transaction fee free credit card. But it does charge a monthly fee of $5.95. Kaiku visa prepaid cards also do not levy transaction fee and allow some of the lowest direct deposit ($750) with no maintenance fee.

What to look in for a prepaid credit card?

Rate this post

Any prepaid card is said to be a good one if it does not sever off money from your savings account. A re-loadable prepaid card should come with no re-loadable fees. Look for a prepaid card that allows you to pay bills on-line for free.

Are prepaid cards and credit cards the same?

Rate this post

No, you load a certain amount into your prepaid card, which you can reload when exhausted. Credit cards come with a credit limit offered by the bank to whom you must pay monthly, based on your purchases.

Related Questions

  1. Find answers for queries on health insurance
  2. Find answers on how to apply for a credit card online
  3. Find answers on how to open a business checking account
  4. Find answers on how to open savings and checking accounts
  5. Find answers on IRA investments

Ask A Question

Ask questions, get answers, help others and connect with people who have similar interests. Ask Now