Prepaid Debit Card Articles

Basic Information You Should Know About Prepaid Debit Cards

prepaid Debit Card

Prepaid debit cards  function like regular credit cards but there are actually major differences between these two types of plastic cards. In this article, let us discuss the basic facts that you need to know about reloadable prepaid debit cards. No Credit Line. First, a prepaid debit card doesn’t provide the cardholder with a credit line. In order to use ...

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Questions You Should Ask Before Choosing A Prepaid Card

Here are a few questions you should know the answers to before choosing a prepaid debit card. making a poor choice: Will your payments be reported to the major credit bureaus? Take advantage of the fact that some prepaid credit cards today can be used as tools for building credit and rebuilding bad credit.  However, not all issuers of prepaid ...

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Prepaid Debit Card Penalty And Fees to Watch Out For

Fees

One great attraction about prepaid debit cards is that you don’t have to worry about interest rates. Since you are not given a credit line and you pay for your bills using the available cash you deposited, you will not incur additional APR costs. Nevertheless, owners of debit cards must be cautious about the possible penalty and fees associated with ...

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Which Prepaid Debit Card Is Best?

There are a lot of different types of prepaid debit cards on the market.   Some prepaid cards are even endorsed by popular celebrities. If you’re planning to get your own prepaid card, being confronted with so many choices can prove to be a tough challenge. So which one should you pick? Consider these tips: Know why you want / need ...

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Can Debit Cards Get You Into Debt?

Some people are hesitant to use prepaid credit cards, afraid that the costs of these cards will only lead them futher into debt. However, prepaid debit cards can actually be great alternatives to regular credit cards. In fact, prepaid debit cards are credit cards which can be used for establishing credit history and for repairing bad credit.

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