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FAQ cheap prepaid cards
What is the best prepaid credit card with no monthly fees?
1 Best with No Monthly Fees: NetSpend® Visa® Prepaid Card 2 Best with No PIN Transaction Fees: PayPal Prepaid Mastercard® 3 Best with No Signature Transaction Fees: NetSpend® Visa® Prepaid Card 4 Best with No Reload Fees: NetSpend® Visa® Prepaid Card 5 Best with No ATM Fees: American Express Serve® More items...
Where can I make purchases with my prepaid card?
You can use your prepaid card to make purchases anywhere the card’s network is accepted (check for the Visa, Mastercard, American Express, or Discover logo to see the network on which your card operates).
How do pre-paid cards work?
Prepaid cards allow you to load money onto them to make any purchases at any location. Essentially, they function similarly to debit cards, without having any connection to a bank account. This makes prepaid cards a great option if you have poor banking history. Prepaid cards are handy, but you must be careful.
Do you pay fees on prepaid debit cards?
Yes, these days it can seem like you pay fees on your money no matter whether you’re trying to earn it (taxes), store it (bank accounts), or spend it (credit and debit cards). For some folks, prepaid debit cards can be a no-fuss way to cash paychecks and make a few purchases without needing to deal with bank accounts or credit cards.