Prepaid debit cards allow you load money in an account that holds funds that will
then be available for spending via the plastic debit card that the card's designers
have provided to you. These cards have either a visa or mastercard logo on them
which allows them to be used at merchants world wide that accept the visa and mastercard
logos.
A prepaid debit card allowed me to budget my spending and save money, all the while
keeping my money in a safe location with no worry of outragous overage or bounced
check fees
Prepaid debit card accounts can be reloaded with money for any reason at anytime
which makes them great for several usages such as
- Bill pay cards
- Everyday needs card
- Easy way to get money to a student
- Great gift idea
- Allowance card
- Online spending card
- and many more...
Q: What is an online spending card?
A: An online spending card is a prepaid card that you could use for purchasing
goods and items online, over the phone, or for other insecure transactions. These
types of transactions are prone to being not as safe for the card holder compared
to standard card present transactions that take place at your average store. Sometimes
your card information is stored in non secure locations during processing or worse
yet, stored forever. It would be better for you the card holder to use a card that
only had enough money for this transaction thus keeping your bank card information
safely secured in your wallet or purse while still allowing you to make purchases
online or over the phone. Then you reload the card again when you are ready to make
your next purchase.
Most cards have different features and stipulations so you should take your time
and decide carefully before finally choosing a prepaid debit card that will suit
your needs. Below are some common features that you will find for prepaid debit
cards.
- No Activation Fee
- 100% Guaranteed Approval
- No Monthly Fee
- No Minimum Balance
- No Bank Account Required
- Free Direct Deposit
- Free Alerts
- Free Balance Check
- Thousands of Reload Locations
- No Hidden Fees
- No Bounced Check, NSF or Overdraft Fees Ever
To see a detailed comparison of different prepaid debit card card types you can
visit our Options Page which will help you compare different
features and help you find a card that best suits your requirements and interest.
The information that is listed here is knowledge that I have aquired as a result
of massive online searches and information gathering. Of course you could spend
many hours of your precious time browsing all over the web to learn the information
that you will need to make an educated decision about the right type of card for
you or you could browse through this site and learn everything that you need to
know. All the information has been consolidated and should be considered a no BS
version of the information that you need presented in a maner that is easy to understand.
Of course there are going to be many other cards that are available that are not
listed here but keep in mind that the cards here have been hand selected for having
a variety of features as well as a good value and these cards should likely be considered
before many others.
In no matter do I state that this list is the end all be all list of prepaid debit
cards, but the options provided do cover most individuals requirements. If you have
found a better deal or a feature that you loved and we didn't offer a card for that
feature please let us know so we can add it to the list and continue to help individuals
make the best decision possible.