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What are the benefits of getting a prepaid debit card?

August 15, 2009 | By cburns In Prepaid |
honeypepper asked:

I don’t have good credit so I wanted to get a prepaid debit card. Which one is the best and where can I get it?

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    • 3 Comments so far

    1. cymakk on August 29th, 2009

      Prepaid debit cards and pre-paid 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 like to control your spending, then a pre-paid debit card could be a good choice for you. Also, if you have bad credit and can’t get an unsecured credit card, a prepaid debit card is also a good choice. To apply or learn more, you may go here:

    2. Calm on September 1st, 2009

      A prepaid debit card is ideal for someone like you with poor credit. Two of the most significant benefit are:

      1) It builds discipline in that it restricts you to shop within the limit on your available amount prepaid.

      2) By careful management of this card, it would slowly build back your credit and lenders would start to rebuild confidence in lending to you.

      It’s a good start!

    3. Ask M on September 2nd, 2009

      it would be no different than going to your bank
      and getting a debit check card, except no fees
      to sign up or pay

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