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What is the advantage of buying a prepaid credit card?

Updated: 3/20/2020
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14y ago

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Advantages include the ability to have a credit card that already has funding and does not require a credit check.

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Q: What is the advantage of buying a prepaid credit card?
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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


Can a minor buy a visa gift card?

yes they can ..... today i saw a kid buying a prepaid credit card.... so a gift card is so easy to get


Does visa offer a prepaid credit card?

Yes you can purchase a prepaid debit or credit card with the visa logo.


Are there any activation fees associated with a Visa prepaid credit card?

It depends on which Visa prepaid credit card you got, so read the fine print before buying. A lot of them do come with free activation. Others, such as the Vision Premier Prepaid Visa Card have free activation as long as you fund it with direct deposit.


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


What are the advantages of a Visa prepaid credit card?

Some of the advantages of having a VISA prepaid credit card are: one cannot spend money that they do not have available on the card (no overspending), one does not need a bank account to be able to purchase items with this prepaid card, and one can still get a VISA prepaid card with bad credit.


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.


Can you tell me what the green dot card is?

A green dot card is a prepaid visa card that you can recharge just like a prepaid SIM card. It's handy for people who aren't old enough to have a credit card or don't have the credit rating to own a credit card.


If you don't have any money on your prepaid credit card can you still make a transaction?

Picture a prepaid credit card like a wallet. Can you still buy things when there is no money in your wallet? No you can't. A prepaid credit card is not really a credit card in the sense of the word credit. Credit means that you can purchase something now and pay for it later. A prepaid card has a limit on it and once that limit has been used, like your empty wallet it is no longer useful.