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If you are simply referring to a prepaid card like the Mango Money card and American Express Pass the answer is MAYBE. Prepaid cards have different fee structures that are determined by the company that issues it- just because two prepaid cards from different companies both have a VISA or MasterCard logo on them doesn't mean that they both have the same cost. Feel free to look up any prepaid card offers you see online or in the mail, or find a "rate detective" to help you gather any information you need...
Meanwhile, you may also be referring to a secured credit card. These are credit cards which require you to provide a security deposit just in case you fail to pay. These also have different fee structures- one secured card may have a low monthly fee or none at all but carries a noticeably higher interest rate, while another may have a very low APR but carries a fee billed month to month.
What else can I help you with?
How can a teen get a credit card with no credit?
a prepaid credit card
What credit card would be the best for customers who think they might not be able to pay their balance?
A prepaid credit card is best for those who believe they might not be able to pay the balance.
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 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
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.
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
What if you own a prepaid credit card but don't have any funds to pay the monthly fee?
Then your credit goes down
What credit card would be the best for customers who think they might not be able to pay their balance?
A prepaid credit card is best for those who believe they might not be able to pay the balance.
How do you pay iTunes money you owe them?
Either enter a valid credit card or buy a prepaid iTunes card.
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.
Can you use a prepaid card on eBay?
Yes, as long as the card is a Visa, MasterCard, Discover, or American Express prepaid credit card, it can be used to pay for any items for which the seller accepts PayPal.
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.
What is the difference between a prepaid and a regular Visa credit card?
Although the cards can be used in the same way, there are some significant differences in prepaid and regular credit cards. With a regular credit card, you make your purchases on credit and then pay your bill later. If you do not pay the bill in full each month, or are late making a payment, there will be fees accrued in the form of interest and late fees. With a prepaid credit card, you deposit money much the same way you would with a checking or savings account. Then when you use your prepaid credit card, the charges are deducted from your balance. When you start to run low on your balance, you can just deposit more money in your account. In this way, prepaid credit cards operate much the same as debit cards. You will probably have to pay an initial fee to set up your prepaid credit card account, but after that you avoid the possibility of interest and late fee charges. This is also a good way to rebuild your credit if you have had financial difficulties in the past.
