Prepaid Debit Cards
Prepaid debit cards are the fastest growing form of non-cash payment. People are embracing prepaid debit cards for a wide variety of reasons. Prepaid debit cards can be loaded and used for shopping, online purchases, peer to peer money transfers, and most of the other functions done with a traditional debit card. Prepaid cards are safer because they are not linked to a bank account, so there is no risk of a data breach, website hacking, or machine tampering which might put your bank account information at risk or wind up with it getting on the dark web.
How to Transfer Money from a Bank Account to a Prepaid Debit Card
A simple and free way to load cash onto a prepaid debit card
How to Choose a Reloadable Prepaid Debit Card
Getting a prepaid debit card that meets your financial needs and offers low
Free Prepaid Debit Cards – How to Pay Low or No Fees with these Cards
All prepaid cards charge fees. There are a select few, however, that you
Best Prepaid Debit Cards of 2022
Choosing the best prepaid debit card can be challenging. We’ll review the benefits
7 Prepaid Cards with Refer-a-Friend Programs
Like your prepaid card? Let your friends know, and you might earn some
5 Prepaid Debit Cards with a High Interest Savings Account
Several popular prepaid debit cards come with a high yield savings account option.
How to Transfer Money from a Bank Account to a Prepaid Debit Card
A simple and free way to load cash onto a prepaid debit card is to use a bank transfer. You can transfer money online, and
How to Choose a Reloadable Prepaid Debit Card
Getting a prepaid debit card that meets your financial needs and offers low fees can be a chore. With this guide, we walk you through
Free Prepaid Debit Cards – How to Pay Low or No Fees with these Cards
All prepaid cards charge fees. There are a select few, however, that you can use completely free. You just need to know which cards and
Best Prepaid Debit Cards of 2022
Choosing the best prepaid debit card can be challenging. We’ll review the benefits and pitfalls to help you choose the best card. Prepaid debit cards
7 Prepaid Cards with Refer-a-Friend Programs
Like your prepaid card? Let your friends know, and you might earn some cold, hard cash. Here are the prepaid cards with refer-a-friend programs that
5 Prepaid Debit Cards with a High Interest Savings Account
Several popular prepaid debit cards come with a high yield savings account option. These accounts can pay as much as 5% APY or more on
What are Prepaid Debit Cards?
Reasons to get a Prepaid Debit Card
There are several benefits associated with these debit cards. Here are some of them.
No credit Needed
For those with poor credit, prepaid debit cards offer an alternative to credit cards. Since you’re only able to spend money that you’ve loaded onto the card, prepaid debit cards don’t involve a credit check. Similarly, because there’s no bank account, prepaid debit cards don’t require a ChexSystems check. Nearly anyone at least 18 years old can get a prepaid debit card.
Makes Budgeting Easier
By only allowing you to spend the money you have, you get in the habit of tracking your funds. Some people use a dedicated card for a given category of expenses, like dining out. You can load a certain amount of money monthly and commit yourself to spending only what you have loaded into the card.
Prepaid debit cards can be an introduction to money management for teens. Some cards are available to users 13 and over, as a subaccount to their parents’ card. This allows parents to teach their children about financial literacy without giving them access to all the funds in their bank accounts.