Prepaid Debit and Credit Cards – Financial Freedom
by searhrankpros
Use a prepaid credit card for security
These powerful tools are actually Prepaid Debit Cards that can be used most anywhere a credit card is welcome. The consumer simply loads the card with money, then they can use the card to make purchases wherever a credit card is accepted. Users can only spend as much as they have loaded onto the card, and once it is empty, they can simply add more money to continue using it.
This innovative development allows those with little credit history or those moving forward after credit challenges to have the same freedom afforded credit card holders while at the same time eliminating the ability to create credit debt.
Prepaid Visa Cards empower consumers to make purchases over the phone or via the Internet, something that some consumers could not have done before the advent of Prepaid Credit Cards. Consumers can also use the Prepaid Debit Cards as a savings account to store funds for the inevitable rainy days ahead.
Prepaid Debit Cards are simple to set up and use immediately. No credit history is required to start, and the only requirements are a valid identification card and a current address.
Once activated, Prepaid Credit Cards can receive Direct Deposit payments for payroll, government benefits, or child support, which reduces the need to physically deposit a check on a regular basis. The money is available on the card as soon as it is automatically deposited, and then the money may be used immediately by using the Prepaid Visa Card.
Another handy feature allowed with Prepaid Debit Cards is the ability to simply withdraw cash from the card, using it as though it were an ATM card. The user would simply go to an ATM and enter their PIN to withdraw cash.
Prepaid Credit Cards are an exciting new means of bringing the power and freedom of plastic to a wider range of hard-working people than ever before.
To learn more about Prepaid Debit Cards and Prepaid Credit Cards from Netspend, please visit: https://www.netspend.com