Free Gift Cards

Find Information about Free Gift Cards, Prepaid Cards and Visa Gift Cards.

Best Prepaid Debit Cards That

About Prepaid Debit Cards By Marissa Black, eHow Contributor

Found This Helpful

Prepaid debt cards are available under the Visa or the MasterCard logos. You can use a prepaid debt card to make purchases and payments up to the amount of money associated with your prepaid debit card. Prepaid debt cards are much like using cash since you cannot spend more money in excess of the amount loaded onto your card. There will be monthly fees or individual transaction fees that will be deducted from the total balance of your card.

  1. Convenient Spending

    • Prepaid debit cards provide you with added convenience when spending money and paying bills. You can use a prepaid debit card to pay bills that accept debit or credit card payments, thus providing a faster and easier way to submit payments. Debit cards can be used to make purchases online and at just about any store, restaurant or other places of business. You will have the convenience of not needing to carry around much cash when you use a prepaid debit card.

    Responsible Spending

    • A prepaid debit card will help you to become a responsible consumer. You can use your debit card to make purchases almost anywhere that Visa or MasterCard is accepted. Because this is a debit card you will never be able to spend more money than you have on your card. You will not be able to make purchases that you cannot afford. It is not possible to go over your debit card limit. Using a prepaid debit card will teach you to make purchases you need and can pay for rather than using credit for items that you do not really need.

    Fees

    • There are fees associated with prepaid debit cards. The fees vary among prepaid credit card providers. There might be some features that are available for free. For instance, online money transfers to a prepaid debit card are sometimes free. Balance inquiries and customer service are often offered at no additional charge. Most prepaid debit cards offer you the option of paying a fee per transaction or paying a monthly fee. If you pay per transaction, you are likely to be charged to reload your card and might even be charged for customer support and balance inquiries. Most prepaid debit card providers will charge you if you need to have your card replaced. A set-up fee is charged for many prepaid debit card options as well.

    Rebuild Credit

    • It is sometimes possible to use a prepaid debit card to rebuild your credit. Some prepaid debit card companies offer you the option of having your details reported to one or more of the credit bureaus. Your monthly service fees and other payments you make on your debit card will be reported. After using your card for several months to a year, you can begin building a positive credit history.

    Other Benefits

    • If you do no not have a credit card or are not eligible to be approved for a credit card, you can use your prepaid debit card to make credit card purchases. For example, online orders and telephone orders often require a credit card. You can use your prepaid debit card as if it is a credit card in order to make purchases. Your employer might use a prepaid debit card in order to offer direct deposit for your payroll each payday. A prepaid debit card payroll system makes it possible to access your cash right away without needing to go to the bank to cash your check.

    How to Use

    • Most prepaid debit cards allow you to load money to your card from a checking account or savings account. Many cards make it possible for you to add money to your card using your PayPal account as well. You can go to a prepaid debit card kiosk in order to add cash. There are some stores offering customer-service options for people with prepaid debit cards, and you can add value to your prepaid debit cards at these locations as well. Most prepaid debit cards allow you to manage your account online. Use the store location option on your debit card company's website to find stores offering prepaid debit card kiosks or reload services. Coinstar machines make it possible for you to purchase prepaid debit cards by cashing in your change. You can also add cash to your repaid debit card from a Coinstar machine.

    Marissa Black

    Marissa Black launched her own business providing professional writing services for individuals and businesses. Since 2003, Black has served clients from all over the world by providing written materials for websites and other Internet venues. Her work has also appeared on ehow.com and Associated Content. She has a Bachelor of Science in business administration.

    Resources

    Original article published on eHow.com

    Next page: Best Prepaid Debit Cards


    Bookmark/Share This Page:

    ADD TO DEL.ICIO.US ADD TO DIGG ADD TO FURL ADD TO NEWSVINE ADD TO NETSCAPE ADD TO REDDIT ADD TO STUMBLEUPON ADD TO TECHNORATI FAVORITES ADD TO SQUIDOO ADD TO WINDOWS LIVE ADD TO YAHOO MYWEB ADD TO ASK ADD TO GOOGLE ADD TO MAGNOLIA ADD TO NING ADD TO RAWSUGAR ADD TO SPURL ADD TO TAGTOOGA

      Bookmark and Share

    Recommended Products