What is a PrePaid Credit Card?

Say hello to the prepaid credit card, the latest edition to the plastic family! Have you ever needed a credit card to pay a bill or reserve a table, but didn't have one? Well pre paid cards now allow consumers to own a credit card with absolutely zero risk to their credit report!

In all actuality, credit cards are not for everyone, but it is sometimes necessary and useful to have one - especially to make purchases online or over the phone. Many people often resort to going against their better judgement and find themselves applying for a credit card just for 'emergencies'. However, emergency purposes can easily turn into buying an 'emergency' sweater or taking an 'emergency' vacation! In these situations having a prepaid credit card can be extremely useful & convenient. Here's why...

Prepaid credit cards are a special type of card, closely related to the debit card. It works just like a debit card except that it isn't linked to a checking account. You simply load up your card and use it whenever you want! In most cases, you can't tell the difference between this type of card and a regular card, except for the fact that you know just how much money is available to spend! Although you deposit money on to your card before spending it, you will still get all of the advantages of having a regular credit card.

What are the Advantages of Prepaid Credit Cards

There are many advantages to having this type of card in your pocket. First, they can help to build up your credit just like regular credit cards can. The main difference is that you never run the risk of building debt by spending money that you don't actually have. You can book plane tickets, pay for dinner, go to the movies, fill up your tank, or do anything else that you could do with a regular credit card. However, by far the biggest advantage to this type of card is that your credit file will remain completely safe & untouched from negative reports. You can't have a late payment, over the limit charges or any other negative effect that is possible with a regular card.

Our Recommended Pre Paid Credit Cards

If you're looking for a card, you should start by taking a look at our top prepaid credit card recommendations. You'll find details on each particular card, including any activation fees, current rates and any extra card holder benefits. Although some cards have an activation fee, these are normally one time payments. You may also find that a card with a higher activation fee will have lower charges overall, making it a better choice for your needs!

Eufora™ Elite Prepaid Details

BuyRIGHT MasterCard Prepaid Details

Millennium Advantage Prepaid Details

Visa RushCard™ Prepaid Details

Wired Plastic™ Visa Prepaid Details