How is a ReadyCARD is different from a credit card?
Answered on Monday, February 19th, 2018 by
Updated: February 19th, 2018
James Williams
The content is accurate at the time of publication and is subject to change.

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 would like more choice in this subject, check out the best prepaid cards or best credit cards.

All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.

Other Popular Prepaid & Debit Card FAQs

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 […]

Continue »

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 […]

Continue »

Thank you!

Your question has been successfully sent!

What is your question?
Please, enter your question and contact information so that we can send our answer to you by e-mail.
Please fill in all the required fields.
            
Best Credit Offer
Midnight Prepaid Visa® RushCard
Check off the cards you want to compare. Then click the Compare link to go to the comparison table.
Consumer Rating: 4 / 5
Copyright © 2001-2018 BestCreditOffers.com All Rights Reserved.

*See the credit card's terms and conditions on the online application page. Note that this website may be compensated by credit card issuers when the visitor applies for a card through the links on this website. We do our best to maintain all information accurate and up to date. However, we do not warrant the credit card information won't change. Click the "Apply Online" button and review the current info on the secure credit card terms page.

Information in these articles is brought to you by BestCreditOffers.com. Banks, issuers, and credit card companies mentioned in the articles do not endorse or guarantee, and are not responsible for, the contents of the articles.

The BestCreditOffers.com webpage is a free service and an information resource for credit cards and financial products and services available to eligible United States consumers. BestCreditOffers.com does not offer any warranties and is not a direct service. There are no guarantees for approval or offers when applying for a credit card. Please refer to the application if you would like more information on each credit card. When you click "Apply" for a particular credit card, please take the time to review the terms and conditions of the product/service at the issuer's website. All logos on the BestCreditOffers.com website are property of their respective owners.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer. Opinions expressed here are the author's alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. Reasonable efforts are made to present accurate info, however all info is presented without warranty. Consult a card's issuing bank for terms & conditions.

BestCreditOffers.com makes every effort to keep information up to date and accurate. However, the information regularly changes and is presented without warranty. Therefore, we strongly recommend all our readers to visit the credit card application page by clicking "Apply Online!" button to review the detailed credit card's terms and conditions. Note that BestCreditOffers.com may be compensated by the credit card issuers when the readers apply for a credit card through this site.

BestCreditOffers.com is an independent, advertising-supported website which receives compensation from the credit card issuers and companies whose offers appear on the site. Compensation may impact how and where products appear on our site, including, for example, the order in which they may appear on the site pages. BestCreditOffers.com does not review or list all available financial or credit offers.

Disclosure: Not an access card.

You've successfully subscribed!

Please specify the following:All these fields are optional

Thank you for providing this information! We will make sure our letters are useful for You.

User Generated Content Disclaimer: These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.