Prepaid & Debit Cards FAQS

March 25, 2021
A prepaid card is a payment card that you load with money before you can use it for purchases. Prepaid cards may look like credit cards, as they may have numbers, your name and Visa or MasterCard logo. But prepaid cards are different - you are not borrowing money, you are spending money you loaded onto the card in advance. Prepaid cards give you the convenience of electronic payments.
February 15, 2021
Most prepaid cards do not report to the credit bureaus as these are not about extending credit to you. Prepaid cards are not credit cards, thus they do not help your credit. But these are a good alternative to carrying cash. If you are interested in prepaid cards, browse through the cards here and apply online.
August 18, 2020
There are prepaid cards you can apply for and which will have your name imprinted on them. However, no one of the card issuers will be able to review your application, approve you, and send you a card overnight. The issuing process takes at least two weeks and if it is a credit card it can take up to one month. If you need money fast, you can apply for a personal loan. Once approved, most lenders will be able to transfer funds within two days, provided you have a bank account that accepts deposits. Use our card match tool to see cards and loans you can apply for.
February 19, 2018
ReadyCARDs are issued by Metabank and are prepaid cards. It means that you can use anywhere them debit cards are accepted, including ATMs. ReadyCARDs work similar to debit cards, except that they don't carry a credit line, you will not be charged interest, or late fees. You pay as you go by pre-paying the amount you wish to spend, plus additional usage fees. On the other hand, a credit card gives you a credit line meaning that you may purchase now and pay off later up to the amount of your credit limit. You also have to pay the minimum payment each month until the due date or you may be charges the late fee. If you carry a balance, you may face paying the interest on your balance. If you...
February 15, 2018
Pre-paid card can be great for this sort of thing. AccountNow® Prepaid Visa® Card has an one-time activation fee $4.95. This card comes with $0 monthly fee, but you should clarify further this information in the cardholder agreement on bank's site. When you choose prepaid card, pay attention of what fees are associated with the card. Some cards charge maintenance or other fees. Some pre-paid cards allow the holder to withdraw the cash which means you would not be able to track what the money was spent on.
January 26, 2018
You should apply for the card yourself, and then open up a Family Account. You'll add your son to the account, and you can add funds to your own account, which you will then be able to transfer over to his card. He will be able to access whatever amounts of funds you put on the card, and you can look at the account online to see exactly what he is spending. AccountNow prepaid card is a good card for kids to practice using payment cards. This card comes with $0 monthly fee, but you should clarify further this information in the cardholder agreement on bank's site.
January 06, 2018
No, AccountNow Visa card is a prepaid card. With a prepaid card your credit performance won't be reported to major credit bureaus. If you want to establish your credit history, consider applying for a credit card. Credit card issuers offer some credit cards for people with no credit or a limited credit history. You can also consider application for a secured credit card. Some cards come with low security deposit and rewards programs.
Do you have a million questions jumbled up in your mind regarding credit cards and the credit card application process? Don't worry, you are not alone! Our site has been designed to be simple to use and navigate in order to eliminate any potential hassles and frustrations surrounding the credit card application process. Our experts have already taken it upon themselves to thoroughly analyze and evaluate all of the popular credit card available on the market today and have laid them out in an easy-to-understand format, touting the best features of each.

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