We are so accommodated with using a debit card or credit card, which are the most popular way for doing shopping, without carrying cash in your wallet.
However, there is another easy way to make payments on the go, without need of opening the classic bank account. The solution is called the prepaid card (sometimes called prepaid credit card in the United States).
A prepaid card is in fact a kind of debit card. However, prepaid card have two main advantages. All your payments done by prepaid card comes with the guaranteed approval. The second main advantage and really great feature is that you do not require to have a bank account, in order to have a prepaid card.
Please do not worry as prepaid card work simply way. You just easily load money (from time to time) onto a re-loadable account (tied to your card), and spend it until that money runs out.
Usually, it is possible to add money to your prepaid account with cash, direct deposit, bank transfer or some other methods. You should read the information about the ways of uploading the money before you are going to sing up for particular card.
It is important that virtually all prepaid cards are issued under VISA or MasterCard system. So your prepaid card is useful for shopping everywhere around the world, or withdrawing cash at the majority of ATM. Best prepaid card accounts allow internet banking and secure online purchasing.
Some of the prepaid cards available on the market are really perks in itself and would cost you usually nothing. The majority of the cards offers guaranteed approval, no activation fee, no transaction fee, and no monthly fee, There are good news for "crazy" shoppers, who are afraid that they are going to spend too much. This is impossible to overdraw using prepaid card!
It is important to understand that the term prepaid credit card (the term is often unsuitable used in the United States) do not mean that there is any credit involved. Prepaid card has nothing to do with "real" credit card, and would never offer any line of credit.
Please note that some of prepaid cards users would like to build their credit history, from the scratch. In this situation, the best solution is to apply for a secured credit card, instead of prepaid card.
Best Financial Directory has intention to list below, the quality web-sites that offer the best prepaid cards on the market. Enjoy!
Prepaid Cards Featured Listings
Prepaid Cards Regular Listings
Some of the prepaid cards issuers, attract potential customers using the spectacular design of the card (as seen above).
Please read the fine print before applying for any prepaid card.
Do you own quality web-site about prepaid cards, credit cards, personal finances or financial related?
Please submit your web-site to our Best Financial Directory.
Submit Prepaid Cards Site