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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

2018

Prepaid Credit Card Reviews

5 stars
TopConsumerReviews.com Best-In-Class Blue Ribbon Award

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.
Read More... Visit Site

2 stars

READYdebit® Visa Prepaid Card

Instant Account Number - A Great Card for your Money.
Read More... 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.

 

WARNING: Your debit and credit card can be 'cloned'

3 On Your Side profiled her story last week after her Insight Visa Prepaid Card was somehow cloned ... For example, remember when the credit reporting agency Equifax was breached Gosnell's card information could have been stolen and sold on the Dark ...

Published:  Mon, 23 Apr 2018 12:25:00 GMT



You should apply for a new credit card before booking your summer vacation - but not for the reason you think

There's also an annual $200 airline fee credit, and up to $200 per year in Uber credits. Aside from that, the card offers a whopping 5x points on airfare purchased directly through the airline, as well as flights and prepaid hotels reserved through AmEx ...

Published:  Mon, 23 Apr 2018 14:16:00 GMT



New debit card gives you bank accounts in four countries - but is it any good

We've always recommended the best way to spend abroad is either with top travel credit and debit cards or top prepaid travel cards, as they guarantee near-perfect rates every time. Remember, although Transferwise offers similar rates to these products ...

Published:  Wed, 25 Apr 2018 08:19:00 GMT



How to Get a Business Credit Card With No Credit History

If you're working with very weak or no personal credit, then you may want to consider the Bento for Business Prepaid Mastercard. Prepaid cards allow you to put a specific amount of money from your bank account onto the card for you and your employees to use.

Published:  Mon, 16 Apr 2018 09:30:00 GMT



Prepaid Card Market Growing $3,653 Billion By 2022.

Prepaid cards are available to everyone, regardless of credit rating, income, or whether or not someone holds a bank account. They are a substitute to a traditional bank account and are a new way to manage money. They function in a similar manner to credit ...

Published:  Mon, 23 Apr 2018 22:12:00 GMT



Target REDcard Credit Card: A Good Deal If You Know How to Use It

The card can only be used at Target stores and Target.com. The Target REDcard is a regular credit card, not to be confused with Target's prepaid REDcard product. A prepaid card is loaded with funds each month by the user who can then use those funds as ...

Published:  Fri, 13 Apr 2018 03:24:00 GMT



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