Prepaid Credit Cards

If you are looking for a credit card that is easy to use, great for kids and teens and one with little or no interest and fees, a prepaid credit card is for you. Prepaid credit cards make great gifts, they are safe for almost anyone, and they are accepted just the same as regular credit cards. They are a great option for anyone who needs a credit card, but wants it without all the strings attached.

There are many different types of prepaid credit cards. Some prepaid cards are designed specifically for individuals with bad credit such as secured credit cards. Other cards are used in the place of checks, such as the popular debit card. Other cards are used like gift cards. Which card is for you?

Do you have a teen that prefers to use a credit card? If your child prefers shopping online or doesn't like to carry cash, there is a great prepaid credit card option for them-gift cards. These cards are purchased either online or from convenience and grocery stores for varying amounts. They are then used just like a credit card. These cards are available from almost any credit card company; look for those from mastercard and visa.

Perhaps you are a college student or are the parent of one. Students often need credit cards for a variety of reasons. They make it easier to purchase gas, let you buy your books online and are good to have on hand in case of an emergency. But maybe you're not quite ready for a credit card. A prepaid credit card is just what you need. How about a debit card? Debit cards are used in place of checks and draw money directly out of your checking or savings account. Best of all, they are usually issued and used without any fees!

Another situation where a prepaid credit card might be necessary is in business. If you have a small business or you want to give purchasing power to employees of your large business, prepaid cards are a great option. A small business owner with bad credit should consider applying for a secured credit card. And managers with employees who need to use company money should look into purchasing gift cards or setting up debit card accounts.