Prepaid Credit Cards, Free Prepaid Credit Cards
The following prepaid debit cards and prepaid credit cards can help you control your spending. A reloadable debit card allows you to only spend up to the amount you have pre-deposited into the account. If you tend to overspend or would like to control your spending then a pre-paid debit card or prepaid credit card could be a good card for you.
Using a prepaid credit card has many advantages over wire transfers, money orders or other agent-based money sending locations. There are no unexpected agent fees for the recipient, and no need to carry large sums of cash. The prepaid credit card can be used to withdraw smaller amounts as needed from any Visa ATM. You can add more money to the prepaid credit card online, at any time immediately.
Why go prepaid?
Getting a prepaid card can help you build your credit history. If you are thinking about buying a car or house soon, get a prepaid to start building your credit. Most prepaid cards don’t have payment due dates. If you don’t want the responsibility of making a payment on time, get a prepaid and you will never have a payment. Credit cards often have fees. Get a prepaid and never overspend you limits, spend the planned amount, and earn rewards at the same time!
What are the charges?
Card application fee – Is there a charge for opening your account? If so is money loaded onto the card so that you have a balance on the card?Monthly service charge – Is there a monthly subscription fee and what do you get for this charge? For example does the prepaid card company provide free top-ups, an online service, a helpline or other additional services for you, funded by this fee?Customer call helpline – Are you charged at premium rate, national rate or standard rate for essential calls to the company’s helpline?Credit card/cash load – Is there a charge every time you top-up and does this vary by the manner in which you top-up, for example transferring funds from a credit card or in cash at the Post Office or at a Payzone or Paypoint terminal?
No interest to pay…
There’s no interest to pay or late payment fees! Because your cashplus prepaid MasterCard only approves transactions up to the amount prepaid on the card, it puts you in control of the amount you can spend. There’s no surprises as you can use the online facility to monitor balances and transactions at any time day or night.
Benefits of Prepaid Credit Cards
Spending independence – You can use prepaid credit cards just like regular credit cards. Just find what you need, hand your card to the clerk, sign your name on the receipt, get a copy of the receipt and your card back–and you’re done.
Convenience – Prepaid credit cards can be used everywhere Visa or MasterCard is accepted-at stores, gas stations, restaurants, theaters, in the mall and online.
Budgeting – You figure out in advance how you’ll spend it: spending can be controlled by how much money is loaded. In addition, prepaid credit cards provide a simpler way to keep track of money vs. carrying cash.
Watch the video related to prepaid credit card
Prepaid credit cards are used to rebuild credit. Consumers will deposit money into an account and use that money to spend with the credit card. Learn how credit card companies will eventually allow the consumer to use regular credit cards after a prepaid card withinformation from a registered financial consultant in this free video on credit cards. Expert: Patrick Munro Contact: www.northstarnavigator.com Bio: Patrick Munro is a registered financial consultant (RFC) with outstanding sales …
Help answer the question about prepaid credit card
Can a minor apply for a prepaid credit card in the Philippines?Can a minor apply for a prepaid credit card (specifically a internationally recognized one) in the Philippines? I know prepaid cards exists but are they available in the Philippines as well?
May 22nd, 2009 at 12:34 pm
It won't show up on a bill unless there is a fee. Some sites will have it automatically sign you up for a certain level of membership, or they will give you a trial of 3 or 7 days, but you have to cancel in order to avoid your card being charged after the trial runs out. Most people forget to cancel and then start getting the monthly charges, which will show up on the bill, but, porn sites will typically have the name show as something benign, much like in the old days they would send Playboy via mail in a brown inconspicuous wrapper to spare the recipient embarrassment.
I highly doubt that the chat sites that charge per min fees will allow you to sign up with a prepaid card, unless it is a site that allows you to buy blocks of time.
May 22nd, 2009 at 1:06 pm
this one could be free: http://prepaidvisacard.esuperfind.com/?id=rrrj can't remember which bank offers it, read it in the pdf agreement you can get from the sign up page, it'll also explain what to do to get it for free (set up a dd)..
May 22nd, 2009 at 11:40 am
i dont think so dude becuase minors dont have credit until they are 18
May 22nd, 2009 at 6:54 pm
You can get a good one at http://www.esuperfind.com/prepaidvisa.php?id=ott0709 you just need to be 14.
Download and read their agreement from the sign up page so you know how it works.
May 23rd, 2009 at 2:17 am
Prepaid is the way to go. You can use it online, and on Ebay and the Paypal account. You can get these type of cards virtually anywhere, from gas station, supermarkets, drugstores etc. Each card is different, and you should check on the back of the card for all the pertinent information, like toll free customer service numbers, and law and regulations etc. Check around and do your homework, so you can get exactly what you want and need. Good luck.
May 23rd, 2009 at 2:41 am
May 24th, 2009 at 3:53 am
This is the best one I know of
http://www.esuperfind.com/prepaidvisa.php?id=nt you can download the contract off their sign up page, it'll answer all your questions.
Also this is good but haven't tried it yet
http://www.esuperfind.com/accountnowprepaidmastercard.php?id=nth
May 25th, 2009 at 5:23 am
See
http://www.esuperfind.com/accountnowprepaidmastercard.php?id=hra0tt16koo9
when at the sign up page you can download the user agreement, it is all explained there how to get past their fees and anyone can download it without giving out any info.
May 25th, 2009 at 8:33 am
Try American Express. They used to do one.
May 25th, 2009 at 2:17 pm
You can not buy prepaid cards with credit cards, you have to use cash. There is no recharge fee free cards out there either.