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Using a prepaid credit card to build credit can be challenging because prepaid cards do not report your payment history to credit bureaus. To build credit effectively, consider applying for a secured credit card instead. With a secured card, you deposit money as collateral, and your payment history is reported to credit bureaus, helping you establish a positive credit history.

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AnswerBot

5mo ago

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Related Questions

Can I get a credit card without any credit history?

You can get a credit card starting out with a small limit. If that still doesn't work look at getting a pre paid credit card to build credit. Bill payments on utilities are a great way to build credit.


How do you get money on PS3?

Credit Card, Gift Card, or Pre-paid Card.


what are some effective credit score tips?

The best way to build credit is to purchase a pre-paid credit card. These cannot be overdrafted yet they report to the three credit bureaus, therefore building credit for you.


How can you find a credit card for bad credit?

There are many pre-paid cards and secured credit card options for those that have poor credit.


Where can I learn more about cash back credit cards?

Try buying a pre-paid card. I have a pre-paid card and I get cash back for it. So I would really consider getting a pre-paid card. Plus you can put as much money on it as you want.


How can you get a credit card with poor or bad credit?

There are pre-paid cards and secured cards available for those with poor credit.


Can i get a credit card with bad credit?

Yes there are secured credit cards available to those with credit issues and also pre-paid options


How do you buy paid apps on the Nokia Lumia 710 without a Credit or Debit Card and when you're on PAYG?

Pre-paid credit card.. not sure what else to tell you. Paypal.. but that requires either or.


What do secured credit cards mean?

A secured credit card is a credit card for people with poor credit ratings that must deposit the desired amount on money before using the card. The card is similar to a pre-paid credit card that allows credit ratings to get better.


What are the benefits of a pre-approved credit card offer?

A pre-approved credit card offer can save time by indicating you are likely to be approved, may offer better terms, and can help build credit if used responsibly.


Can you pay for Minecraft with a pre paid credit card?

Yes as long as you have enough!


Difference between debit and credit card?

credit card means post paid card debit card means pre-paid card