Articles Tagged ‘prepaid card’

How, and When, To Use A Prepaid Bank Card
Tuesday, October 11th, 2011
How, and When, To Use A Prepaid Bank CardPrepaid bank cards look similar to traditional credit and debit cards. Since they carry the Visa or MasterCard logo prepaid cards are accepted as payment nearly everywhere traditional cards are accepted. In truth, however, prepaid bank cards are a special type of payment method. With a prepaid bank card, the cardholder deposits a certain amount of money with the card company, and can then make purchases using the card. Each purchase reduces the balance of their card account, so when their account balance is too low, the card will no longer work. In order to open an account, the cardholder...

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