Prepaid Credit Card Reviews
Prepaid Credit Card Reviews
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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.
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:
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:
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.
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.
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.
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.
Prepaid Credit Cards In The News
Clermont, 24, was charged with one count each of conspiracy to commit wire fraud, access device fraud and aggravated identity theft. The charges stem from crimes allegedly committed following the 2017 ...
Published: Wed, 11 Jul 2018 14:12:00 GMT
Opelika police are asking for the public's help in identifying a debit card fraud suspect. The suspect, described as a white female with a tattoo on her right upper arm, entered Walmart Supercenter at ...
Published: Mon, 16 Jul 2018 13:38:00 GMT
Prefer using debit cards over credit cards, but miss earning rewards Some debit cards offer cash-back rewards either as a straight points-based redemption program or as a perks-based program directed ...
Published: Tue, 10 Jul 2018 01:38:00 GMT
Yeezy model and Bad Girls Club alum Shannade Clermont was arrested on Wednesday in New York after she racked up $20,000 in charges on a dead man's debit card, according to authorities. The Associated ...
Published: Thu, 12 Jul 2018 11:07:00 GMT
A former cast member of the television reality series "Bad Girls Club" was arrested on charges alleging she stole debit card information from a man who died shortly after a date with her. Shannade Cle...
Published: Wed, 11 Jul 2018 17:56:00 GMT
A woman suspected of credit card fraud and theft is wanted by the Opelika Police Department. The incident happened June 25 at Walmart Supercenter on Pepperell Parkway. According to police, the suspect ...
Published: Mon, 16 Jul 2018 12:24:00 GMT
A former reality TV star has been arrested for stealing the identity of man who was found dead in his Manhattan apartment from a drug overdose after she visited him for a "prostitution date." Manhatta...
Published: Wed, 11 Jul 2018 12:58:00 GMT
"Bad Girls Club" star Shannade Clermont used a dead man's bank information to make more than $10,000 in purchases sometime after going on a "prostitution date" with him, prosecutors alleged Wednesday. ...
Published: Wed, 11 Jul 2018 13:08:00 GMT
It was the sound of the prison gates closing behind him that made Troy Ellis finally realize the gravity of his situation. "When I got to Angola, that's when it hit me," said the 55-year-old Ellis. "A...
Published: Thu, 12 Jul 2018 20:31:00 GMT
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