Prepaid Debit Card use is gowing at a very fast rate.
They are ideal for those who cant get a debit card from their bank for whatever reason.
There are no credit checks, which means if you want one, you can get one.
You load money on to the card and it can then be used at retailers and online stores.
You can even use the Prepaid Debit Card to pay your bills and top up your mobile phone, just like using your normal Debit/Credit Card.
You can also use the card to withdraw cash at an ATM.
Money can easily be loaded on to your Prepaid Card.
You can use cash, Bank transfer or even topup using another credit card.
Visa or MasterCard branded cards can be used anywhere in the world.
The benefits of using a Prepaid Debit Card include;
The cards are ideal for travels and holidays.
- You can use the card in ATMs worldwide. If you lose your card, you can contact your provider and they will send a new Card to you.
Some providers even offer 0% foreign exchange fees, so it is best to shop around for what suits you best.
There is no risk of debt. With a Prepaid Debit Card you cant spend too much as you are limited to spending the amount you of credit on your card.
If you make alot of online purchases or use your cards on the phone, these Cards are ideal.
If your card is used fraudulently you can get your money back.