Hi

A prepaid credit card account is opened by depositing money into that account, much in the same way you would make a deposit to open a checking or savings account. Once you have money in your account, you're issued a prepaid credit card that can be used anywhere one would use a regular credit card. The best part of the prepaid credit card is that you can charge to your heart's content and you won't be in debt. The money is yours and once it's gone, you can't spend any more until you make another deposit. There are no bills and no interest charges. It's the same principle as using a debit card linked to a savings or checking account.

Thanks

Prepaid credit cards are just like credit cards except, as you might have guessed, you prepay or "fill" your account with money before you use the card. Your are not extended a line of credit and therefore you do not go into debt and you don't pay any interest charges. In this way, prepaid credit cards are quite different from regular credit cards. But the best part about having a prepaid credit card is that you can use them just like a standard credit card to buy computers, movie rentals, music, or just about anything else a standard credit card can get you.

Prepaid credit cards are great for:

o Students who generally don't have an established credit history.

o Those who have had some debt or credit problems in the past and are finding difficult to obtain a regular credit card.

o People who simply hate the idea of going into debt.

Hi
Many people are rejected after filling out a credit card application because of poor credit. The problem with this is that a major credit card is needed to make reservations for hotels, motels, car rentals and airline flights. Credit cards are also necessary when placing orders online or over the phone. Does this mean a person with bad credit can't do any of these things? Not if that person has a prepaid credit card.

Thanks

Hi

# It carries a brand name (MasterCard, Visa, Discover or American Express
# It can be issued to people with a bad credit history.
# Cash can be withdrawn with a prepaid credit card from any ATM machine.

Thanks

Many people are rejected after filling out a credit card application because of poor credit. The problem with this is that a major credit card is needed to make reservations for hotels, motels, car rentals and airline flights. Credit cards are also necessary when placing orders online or over the phone. Does this mean a person with bad credit can't do any of these things? Not if that person has a prepaid credit card.Those who are planning to use the prepaid credit card to pay for a monthly Internet subscription, or to purchase an item where a fixed amount is deducted from their card each month, might be dismayed to learn that this might not be possible. Many of these businesses don't want to do business with a prepaid credit card because there's always the risk that there won't be any money in the account when it comes time to pay the bill.

If you're frustrated because a credit card is necessary to get by in today's world, but can't apply for one because of bad credit, you might consider a prepaid credit card. You'll have most of the advantages of a credit card, and you won't have to worry about interest charges. Sounds like a prepaid credit card is a pretty good deal.
Thanks

A prepaid credit card account is opened by depositing money into that account, much in the same way you would make a deposit to open a checking or savings account. Once you have money in your account, you're issued a prepaid credit card that can be used anywhere one would use a regular credit card. The best part of the prepaid credit card is that you can charge to your heart's content and you won't be in debt. The money is yours and once it's gone, you can't spend any more until you make another deposit. There are no bills and no interest charges. It's the same principle as using a debit card linked to a savings or checking account.
Thnaks