Prepaid Cards Questions

Pre-paid card can be great for this sort of thing. Be aware of what fees are associated with the card. Some cards charge maintenance or other fees. Continue reading

That is a frustrating situation. One thing you can consider is getting a prepaid card and using that as your bank account, instead of having a traditional account. Or you can look into a bank like First Merit, which offers convenient and customer friendly financial solutions like First Merit banking… Continue reading

It’s smart to make sure your daughter is covered in case she gets into a tight financial spot, now that she’s a teenager and likely to be away from you more often. Continue reading

A prepaid card is indeed a good choice for a child headed off to college. However, it’s important to understand exactly what a prepaid card is, and isn’t. A prepaid card is a payment card that is used in a similar way to a credit card, but is entirely different than a credit card, as well. Continue reading

Yes. In fact, many people these days are looking for exactly that. A prepaid card is a good way to avoid bank fees and still enjoy the flexibility of a payment card. Continue reading

Of course. A prepaid card and a credit card may look the same, but they are very different. A prepaid card is closer to a debit card, because you are spending money you have already loaded onto the card. With a prepaid card, you will never go into debt the way you can with a credit card. Continue reading

Unfortunately, the answer is no, a prepaid card like the Bluebird card will not help you improve your credit score. Because a prepaid card allows you to spend your own money, not access a line of credit, it is not actually showing your… Continue reading

The Western Union NetSpend card is not a credit card but a prepaid card. Therefore, you won’t find interest rates. Continue reading

Yes. You will be able to use a Western Union Prepaid MasterCard to pay bills, just like a credit card or a debit card. Continue reading

It’s smart to make sure your daughter is covered in case she gets into a tight financial spot, now that she’s a teenager and likely to be away from you more often. However, don’t be too eager to give her a credit card. Continue reading