1. What is a prepaid debit card? A prepaid debit card is either a Visa or Mastercard that you put your own funds on the card. By using your own money, you are not borrowing money like a standard credit card. You simply put more money on the card when your balance is low.A prepaid debit card is either a Visa or Mastercard that you put your own funds on the card. By using your own money, you are not borrowing money like a standard credit card. You simply put more money on the card when your balance is low.
2. How would I get a prepaid debit card, I know that my credit is shot?Credit is not a factor in getting a prepaid debit card. The card issuer does not check your credit, only your identity. If you can be identified, you can get a debit card, regardless of your credit.
3. How do I put money on my prepaid debit card? The easiest way is through direct deposit of your employer or benefits provider. Depending on what card you apply for, you can also go to Western Union, Moneygram, or Green Dot locations.
4. Where can I use my prepaid debit card? You can use your prepaid debit card any place Visa or Mastercard is accepted, (in your favorite retail store, buying items on the internet, and many other places). Once your card has money on it, there is not limits on what you can do.
5. Is carrying a prepaid debit card safe? A prepaid debit card with money on it is much more safe than carrying cash. If your debit card gets lost or stolen, you can call the card issuer directly to notify them, so they can cancel the card so it can not be used, and then issue you a new card. Something that you can not do with ordinary cash.