Best Reviews TopConsumerReviews.com Best Prepaid Credit Cards Best Reviews
Best Reviews
      May 23, 2019

Home  >  Prepaid Credit Cards

Your Information Is Secure
Credit Cards: The Lowdown Newsletter

Latest Reviews

Cruise Vacations

Fruit Baskets

Hair Removal

Learn to Read Programs

Menopause Relief

Paid Surveys

Pet Meds

Pool Tables

Tax Software

Watches

 

Related Articles

Comparing Prepaid Credit Card Companies

Credit Card Alternatives for Poor Credit Scores

What to do When Your Credit Is Bad

 

2019

Prepaid Credit Card Reviews

What are the best Prepaid Credit Cards? 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.

The Best Prepaid Credit Cards

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.

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.

The Best Prepaid Credit Cards

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.

 

Axiom Prepaid White Label Cards Reveal the Power and Flexibility of Fully Managed Card Solutions

and credit checks. The white label prepaid solution as offered by Axiom is thus a powerful, multi-purpose financial solution for the end card holder and issuing partner. Axioms newest solution ...

Published:  Tue, 21 May 2019 18:24:00 GMT



Credit Card vs. Cash: Which Is Best for Your Purchase?

... has worked at credit-scoring company FICO and credit bureau Equifax. "You can't really make a similar claim for a debit card, a prepaid debit card, cash or any other payment method ...

Published:  Wed, 22 May 2019 08:29:00 GMT



Having Put out 20 Million Contactless Cards So Far, Chase Tackles New York Mass Transit

In part, this could be a result of the ease of contactless credit cards relative to the media available so far. Riders have encountered a number of frustrations with prepaid transit cards on the New ...

Published:  Wed, 22 May 2019 08:32:00 GMT



Credit cards vs. debit cards: Which is better and safer?

Debit cards are now more popular than credit, as you do not need a credit history to have one. All you need is a checking account, or in the case of prepaid, all you need is an email address. They ...

Published:  Wed, 15 May 2019 12:44:00 GMT



The best Canadian credit cards for every financial situation

Once you do, you can start rebuilding your credit by using it anywhere that accepts Visa ... For a limited time, If you apply through RateSupermarket you'll get a $100 e-Gift card. Best prepaid card ...

Published:  Wed, 15 May 2019 14:25:00 GMT



This is the best credit card for Delta flyers in 2019 - and it isn't what you'd expect

The most valuable rewards credit cards tend to earn miles in bonus categories ... You can also earn 5x points on prepaid hotel stays booked through AmEx, including Fine Hotels and Resorts stays. Often ...

Published:  Tue, 14 May 2019 18:25:00 GMT



Share Us!    Share TopConsumerReviews.com on Twitter Share TopConsumerReviews.com on LinkedIn Share TopConsumerReviews.com on Google+ Share TopConsumerReviews.com on Pinterest

Home      About Us      Terms & Conditions      Privacy Policy      Contact Us      Disclosure