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What if you own a prepaid credit card but don't have any funds to pay the monthly fee?
Wiki User
∙ 12y ago
Then your credit goes down
Wiki User
∙ 12y ago
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What is the maximum you can get on a prepaid credit card?
There is not a limit on how much funds you can have on a prepaid credit card. You simply put on it the amount of money you have, and then go from there.
Are prepaid credit cards worth all the interest?
There is no interest on a prepaid credit card. With a prepaid card it is like having cash. You have an amount on your card (for example $500) and you purchase an item for $30 you would then still have a credit of $470 on your card. This can be topped up when the funds run low.
What is the benefit of a prepaid credit cards?
A prepaid credit card is like a debit card: you put money into the account and then spend it by swiping the card. There are no payments after the fact. You "reload" the card to maintain a balance for your use. Some companies charge a monthly fee for this service, while others do not. So do the research. The card reports to the credit bureau, but will show that it is a prepaid card, which doesn't impact your credit score.
I-tunes charge to credit card?
You can have itunes charge to your credit card or buy a prepaid card either a itunes card or a prepaid credit card ...
How can a teen get a credit card with no credit?
a prepaid credit card
How do you get more funds on 3DS?
In order to add funds on the Nintendo eShop, you can either connect your credit card and withdraw cash from there, or you can buy a prepaid point card which can be redeemed by entering the pin afterwards.
Does visa offer a prepaid credit card?
Yes you can purchase a prepaid debit or credit card with the visa logo.
What are the benefits of using a prepaid credit card?
No identification is required to use a prepaid credit card. Only the prepaid limit may be spent when using a prepaid credit card for a purchase, so there is no reisdual balance or finance charges after the purchase.
What can one with poor credit do to obtain a credit card?
There is an online site, called 'credit' that can easily sell you a prepaid card. You can start out with this card and you can improve your credit, as prepaid cards do not impact your credit.
Where can you get a cash loan wired to your prepaid credit card?
Walmart prepaid card visa
How do you put more credit on your credit card?
If it is a standard credit card you call the customer service number on the back of the card and request and increase in the credit limit. If it is a collateralized card you will have to post a larger bond as collateralize. There should be a phone number on the card to call for instruction on how to do this. If it is a debit card you will have to deposit additional funds into the bank account it is linked to. Walk into the bank where you opened the account with cash or a valid check made out to you to do this. If it is a prepaid card you will have to put more funds on the card. When you have the funds call the number on the card for instruction on how to do this.
What are some advantages of a prepaid credit card?
There are two great advantages to prepaid credit cards. One is that they never put you into debt as your can only use them as long are there are funds to back them up. The other is that as long as there are funds to support their use, they can be used to secure purchases that require a credit for security such as hotel rooms and car rentals.
