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Prepaid Credit Cards Better Business Bureau Reliability Seal

Prepaid credit cards give you the flexibility of a credit card without the hassle of credit checks, contracts and expensive interest charges. You can use your prepaid credit card to buy anything you would typically pay for with a Visa or MasterCard, such as online purchases, dining out, bill payments, shopping, and more. Prepaid credit cards even make great gifts as they don't tie someone to just one store or a specific gift.

Getting a prepaid credit card is easy. You simply purchase the size of the card you'd like, along with an upfront activation fee. You should be aware that many prepaid cards eventually decline in value after several months of non-use, so you'll want to use your prepaid credit card once you get it.

Continue reading below reviews

2017

Prepaid Credit Card Reviews

5 stars
AccountNow® Gold Visa® Prepaid Card

Visit Site AccountNow® Gold Visa® Prepaid Card

  • Get Paid up to 2 days Faster with Free Direct Deposit ▼ - Get Your Paycheck or Benefits Checks in Your Card Account and Access Your Funds up to 2 days Earlier Than Payday.
  • No CreditCheck to Get a Card. No ChexSystems Check. No Existing Bank Account Required.
  • $0 Activation fee†. No Minimum Balance. No risk of Overdraft fees.
  • $15 Bonus§ with qualifying Direct Deposit. Never pay to cash your paychecks and get your pay faster.
  • Use it Everywhere Visa Debit Cards are Accepted and Pay Anyone with PayAnyone Bill Pay. Shop Online, Rent a Car, Pay Your Rent and More.
  • Easy Mobile Account Access and Text Alerts. Get Your Account Balance, Transaction Details Sent to Your Phone within Seconds
  • BBB Accredited A+ Company. Excellent Customer Service.
TopConsumerReviews.com Best-In-Class Blue Ribbon Award

Most Attractive Features:
  • No credit check, minimum balance, free direct deposit.
Least Attractive Features:
  • Fees and usage limits.

Visit Site

2 stars
READYdebit® Visa Prepaid Card

Visit Site READYdebit® Visa Prepaid Card

  • Instant Account Number - A Great Card for your Money.
  • Free† Direct Deposit — Paycheck, Benefit Checks, Tax Refund Checks
  • Easy Online Bill Payment & Mobile Account Access
  • No Purchase Transaction Fees
  • No Risk of Overdraft Fees or Balance Minimums
  • Withdraw Cash at ATMs or Get Cash Back with Purchases
  • Use it Everywhere Visa Debit Cards are Accepted
  • Choose Your Card Color - Blue or Pink

Most Attractive Features:
  • No credit check
Least Attractive Features:
  • Fees and usage limits

Visit Site

Continued from above

When shopping for a prepaid credit card, there are several factors you hsould consider. Some of these include:

  • Denomination. Some prepaid credit cards come in predetermined amounts, while others let you choose exactly how much you want to spend. Choose a card that fits your needs and keep shopping if you don't initially find it.
  • Fees and penalties. Most prepaid credit cards charge an initial activation fee. Since these fees can vary widely from card to card, you should be aware of them before signing up. Yoiu should also find out if the card has an expiration date, and what charges might occur if the card is not used within a certain period of time.
  • Type. Prepaid cards come in MasterCard, Visa, American Express and more. Make sure that the prepaid credit card type will work with your spending plans.

TopConsumerReviews.com has reviewed and ranked the best prepaid credit cards available today. We hope these reviews help you find the prepaid credit card that best fits your gift giving or personal use needs!

Advantages of Prepaid Credit Cards

If your credit is imperfect, you have a teenager or young adult that needs access to a Visa or MasterCard or you want to better control your spending a prepaid credit card is a great option. Credit cards not only make for convenient shopping but are also mandatory in many scenarios where a Visa or MasterCard must be made available. For example, shopping online, renting a car, or making reservations all require a credit card and asking someone else to help you out, each and every time, can be embarrassing.

Here are some advantages of a prepaid card:

No Interest
Many prepaid credit cards exist today that look and feel just like a credit or debit card. Withdraw cash at ATM's, upload a payment via the phone, establish direct deposit, speak to a customer service representative and more. But very importantly, there's not interest charges. Fees due exist and must be looked at closely but you'll never be charged interest for using your preloaded credit card.

No Credit Check
If you've had some financial challenges in the recent past or simply don't want another credit check to be reported to the credit agencies - a prepaid card is the place to go. With the balances being prepaid, no line of credit being issued, there's no need for any prepaid credit card company to ask for your social security number or inquire about past credit issues.

No Overspending
Whether you need help sticking to a budget or you're child does, a prepaid card is the card for you. Prepaid cards only have the balance available that you load on the card at the onset. There's no spending more than you should on an impulse buy or running over your credit limit with a prepaid card. Many people use these cards in place of debit and credit cards to stick strictly to their budget. Parents often send prepaid cards to their college students to help them out financially but without the risk of a credit cards and irresponsible spending.

No Contracts
You aren't bound to a prepaid card via a contract. You simply load the card and spend as you so choose. You may reload the card as needed and continue to use in the future.

Gift Giving
If you aren't sure what your friend or family member wants or needs next Christmas or birthday a prepaid card is a great option. Loading the prepaid card with your gift contribution allows them to buy exactly whatever they want. No returning gifts with a prepaid card.

In summary, a prepaid card offers several perks over a traditional credit card. Many appreciate the budgeting aspect while others enjoy no contracts or accrued interest. Either way, prepaid cards offer a lot of flexibility no matter what you need the card for.

 

Couple wants new credit cards after accounts went delinquent: Money Matters

Multiple inquiries hurt you. 7. If you can't qualify for a "regular" unsecured credit card even in a couple of years, you can get a secured card, which is like a prepaid card using your own money. Before you would open any secured card account, you'd ...

Published:  Wed, 11 Oct 2017 02:04:00 GMT



Best Prepaid Cards

These cards allow users to make online bill payments and other purchases without worrying about cash, interest rates or late fees, and they don't require a credit check for approval. As such, prepaid cards are also a good fit for parents who want to ...

Published:  Tue, 10 Oct 2017 17:11:00 GMT



How to Apply for a Walmart Credit Card

Learn: Why the Walmart MoneyCard Is Among the Best Prepaid Cards The Walmart credit card can be ideal for individuals and families who regularly shop at Walmart and would benefit from the cash-back rewards program.

Published:  Mon, 16 Oct 2017 02:27:00 GMT



Searching Prepaid Cell Phones

credit cards, much can be learned about a subject in this manner. As there are neither credit nor identity checks when someone takes out one of these prepaid devices, they are ideal for someone seeking to remain anonymous." - John A. DeMarr PI LOS ...

Published:  Sun, 15 Oct 2017 16:52:00 GMT



Prepaid Cards: A New Way for Millennials to Get Paid

Which brings us to another key benefit: prepaid cards can help users stay debt-free. The average US household owes approximately $16,000 in credit card debt. By allowing cardholders to load the required funds prior to making a purchase, prepaid cards help ...

Published:  Mon, 09 Oct 2017 12:20:00 GMT



This executive left a great job at PayPal to run a gift card startup she thinks could help end poverty

Pierce-Gilmore, who has spent most of her career in credit divisions across the financial industry, thinks prepaid cards could be a key step in helping low-income consumers escape heavy credit debts - the type of which she saw often when working at as a ...

Published:  Wed, 18 Oct 2017 21:31:00 GMT



Siouxland Federal Credit Union

Secured credit cards are great options for those who haven't built a solid credit history yet. Secured cards aren't the same as prepaid cards. With a secured card, your cash deposit doesn't run out as you spend, as it does with a prepaid card.

Published:  Mon, 09 Oct 2017 22:00:00 GMT



Chevron Employee Cops To Credit Card Plot To Embezzle $1.8M

Darla Kay Beede, 54, formerly an administrative assistant at Chevron in Pasadena, Texas, admitted to using company credit cards issued to managers in order to purchase gift cards, prepaid debit cards, and copper wire to resell for her own personal profit ...

Published:  Wed, 18 Oct 2017 17:11:00 GMT



There's One Big Difference Between Debit and Credit

everyone's looking for a bargain-but if the cashier offers you a big discount for taking out a store credit card you might want to turn it down. Store-branded cards can come with poor terms, Prepaid Card Basics Over the last few years, there has been ...

Published:  Wed, 18 Oct 2017 18:17:00 GMT



Prepaid Card Potential

With credit card and identity theft on the rise, prepaid cards have become a safer alternative for those seeking more disposable, anonymous payment options. Unlike big box and drug stores, convenience retailers have been struggling to gain a foothold in ...

Published:  Tue, 10 Oct 2017 01:00:00 GMT



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