0
Why can't Prepaid Debit Cards be transferred from one person to another?
Wiki User
∙ 16y ago
If you're talking about a reloadable prepaid debit card, which I think you are, the issuing company is required to verify the identity of the cardholder per the US Patriot act and anti-money laundering laws. Therefore if you are trying to "transfer" the card to another person, the company would not have identity information on them and would not honor the change of cardholder. It would be like trying to change the owner of a checking account, the bank would just tell you to have the second person open their own account. By the way, I'm familiar with this topic because I work for a prepaid company, www.readydebit.com, and we have had similar questions asked of us.
Wiki User
∙ 16y ago
Add your answer:
Earn +20 pts
Do banks put money into a prepaid card?
Yes. Banks provide prepaid gift cards and prepaid credit cards to its customers. You can always put any amount of money you want into these cards. If you are asking about prepaid mobile cards, then many ATMs have this feature. You can add value into your prepaid mobile line using the ATM.
Can you reload prepaid credit cards with credit cards?
There is no such thing as a prepaid credit card. There are secured credit cards and prepaid DEBIT cards. yes because if you pre-pay it can be called 'credit' other than that both cards provides the exact same facility. for you question. yes its possible to topup your 'prepaid credit card' with another credit card or using a bank account. however it all depends on whether your bank/credit card company supports such facility. refer to the link provided to know more about 'prepaid credit cards' available and different services provided by them.
What payday loan company accepts prepaid debit cards?
r there any loans company that will accept prepaid debit cards.
What Canadian banks offer prepaid credit cards?
Several Canadian banks offer prepaid credit cards. They include TD Canada, Scotiabank, and BMO Prepaid, among a few others.
What are the benefits of having prepaid credit cards as opposed to regular credit cards?
Prepaid credit cards are better than standard credit cards in that you're less likely to get in over your head financially. Standard credit cards are one of the primary ways people build debt but with a prepaid card you can only spend what you already have.
Are prepaid credit cards more expensive if purchased online?
No, prepaid credit cards are not more expensive if purchased online. Whether you purchase a prepaid card from a retailer in person or online does not affect the purchase price.
What are a few good prepaid credit cards for college students?
There is few goods prepaid credit cards one should get. American Express offers a good deal when it comes to prepaid credit card. Also another good one is Visa's prepaid credit card.
verizon cheap prepaid and refillable cards and for my gusto prepaid and mobile phone?
verizon prepaid and cheap cards and for my mobile prepaid and gusto mobile phone
Where can one find more information about prepaid credit cards in Canada?
One can find information on prepaid credit cards in Canada on a variety of websites. Canada Post sells prepaid credit cards and has information both in store, and on their website. MasterCard has information on their website about their prepaid cards, and VISA has information on their website about their prepaid cards.
Do banks put money into a prepaid card?
Yes. Banks provide prepaid gift cards and prepaid credit cards to its customers. You can always put any amount of money you want into these cards. If you are asking about prepaid mobile cards, then many ATMs have this feature. You can add value into your prepaid mobile line using the ATM.
Can you reload prepaid credit cards with credit cards?
There is no such thing as a prepaid credit card. There are secured credit cards and prepaid DEBIT cards. yes because if you pre-pay it can be called 'credit' other than that both cards provides the exact same facility. for you question. yes its possible to topup your 'prepaid credit card' with another credit card or using a bank account. however it all depends on whether your bank/credit card company supports such facility. refer to the link provided to know more about 'prepaid credit cards' available and different services provided by them.
Where can you buy international prepaid debit cards?
Check nationalcash.com. Its a good and reliable company to buy Prepaid debit cards.
Are there lol prepaid cards in Ottawa?
NO
IMVU prepaid cards in Russia?
no
What payday loan company accepts prepaid debit cards?
r there any loans company that will accept prepaid debit cards.
What are the best prepaid credit cards, without annual fees?
Upside Card has the best prepaid credit cards, without annual fees. YOu can get your Visa prepaid debit card online at www.UPsideCard.com
What Canadian banks offer prepaid credit cards?
Several Canadian banks offer prepaid credit cards. They include TD Canada, Scotiabank, and BMO Prepaid, among a few others.
