March 19, 2018

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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


Prepaid Credit Card Reviews

5 stars 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. 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.


Debt-conscious millennials ditch credit cards, threaten industry

"I've always been skeptical about getting a credit card," King said. Eventually, though, "I saw it as a necessary evil." It's an evil some millennials will shift to from prepaid and debit cards as they get older, according to a study by payment processor ...

Published:  Sat, 10 Mar 2018 22:00:00 GMT

Deputies looking for pair after woman's credit card number used at Walmarts

GARNER, N.C. (WNCN) - The Wake County Sheriff's Office is looking for a pair of suspected credit card scammers. Investigators believe the duo spent hundreds of dollars on prepaid gift cards using a stolen credit card number. Surveillance photos ...

Published:  Wed, 14 Mar 2018 16:16:00 GMT

4.712m credit cards in Egypt by end-2017: CBE

(MENAFN - Daily News Egypt) The number of credit cards issued by banks operating in the Egyptian ... Meanwhile, the CBE revealed that the number of prepaid cards issued by banks operating in the local market increased from 8.648m cards in December 2016 ...

Published:  Mon, 19 Mar 2018 00:10:00 GMT

18 federally indicted in Flint for Walmart prepaid card scam

When the checkout cashier would scan the barcode on the falsified prepaid card, a wire transmission from ... a member of the alleged conspiracy would either slide an illegitimate credit or debit card or pretend to slide a card through the reader as if ...

Published:  Wed, 14 Mar 2018 15:40:00 GMT

UK cards and payments market insights shared in detailed report

The cards can be utilized for travel, commute, online purchases and gifts. The introduction of Universal Credit Program in 2013 greatly promoted the growth of prepaid cards market in the United Kingdom. The Universal Credit is provided to the low-income ...

Published:  Wed, 14 Mar 2018 23:39:00 GMT

Think before you lend your credit card to others

Is that the best way to help financially Why would a credit card be preferable to something finite, like cash or a prepaid card Think like a bank and consider the risk of non-payment. Is this person responsible and likely to pay you back Are you helping ...

Published:  Thu, 15 Mar 2018 05:41:00 GMT

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