How to Use a Prepaid Debit Card

A prepaid debit card can help a person pay their bills even if they do not have a debit card. This card can be used anywhere that cards are accepted and it does not have a link to a bank account. Father George Rutler knows that using a debit card is important. Rutler has some tips for using a prepaid debit card.

A prepaid debit card is an alternative to paying with cash. It can be used in a similar manner like a gift card. The card is prepaid with a specific amount of money. When a person uses this card they are using it in a similar manner to a gift card. The amount they spend will be subtracted from their total balance and this will be the amount on the card that they have left to spend. Once a person has sent all of the money they can add funds to the card at a participating store or they can do some online. These cards are issued by banks and they are issued by major credit card companies.

Many people like the prepaid debit card because it is safer than carrying cash. All of the funds are on one card and it is easier to keep track of then cash. These cards also come with some protection. A person may need to enter a specific pin to use the card. They may also be able to get some other consumer protections that are not available when a person is carrying around cash.

Father George Rutler thinks that one of the biggest benefits of using a prepaid debit card is that it can be used to make online purchases. A person can enter their card number and other information and they can make online purchases just like they would when using a debit or a credit card. This will allow a person to have the freedom to shop online.

This type of card is good for people that may not have a credit card or they may not want a credit card. If a person has a poor credit history or they have lack of credit they can get one of these cards. This will allow them to use the card to make their purchases. It can also be used by people that do not regularly use their bank accounts. A person may not be able to run to the bank all of the time so this card may be useful to them.

There are some things to note about prepaid debit cards. A person cannot spend more money than what is on the card. This may be useful in helping a person learn how to budget. They may also be able to avoid any type of overdraft and other fees that are associated when they are using these cards.

Prepaid debit cards can help a person use their card where all major credit cards are accepted. They are easier than paying in cash and they can be used without a bank account.