Best Prepaid Visa For Online Shopping
MasterCard® Prepaid online visa is the best card you can get for online shopping. Using this card, users can shop online without entering their credit or debit card details. This is ideal for online transactions involving premium membership and purchases of virtual products and gaming items. The money on the prepaid visa will be used before using your primary credit card and it will provide you with a secondary source of money on any purchase.
Find the best prepaid visa card for online shopping, including the best prepaid visa cards with no fees and low APR: The latest offering in the field of prepaid debit cards is a prepaid Visa debit card. Unlike a normal credit card where you can spend over your means and pay back later, a prepaid visa or debit card lets you have some kind of control over your spending behavior. You are not required to have any credit information to use it, as all that is required is either a bank account or money to load on the card.
What are prepaid debit cards?
A prepaid debit card can serve as a budgeting tool or an all-out replacement for a bank account — and the best prepaid cards offer convenience while charging few fees.
Prepaid cards are easy to get. Prepaid cards are sold at retail stores (usually for a fee) and some can be ordered online. There’s no credit check, and they’re often available even if you can’t get a bank account because of a bad banking history. Unlike with a credit card, you load funds onto prepaid cards before use.
Some companies also offer mobile-optimized banking accounts that don’t require a squeaky-clean banking or credit history — and they often cost less than prepaid cards. Skip ahead to read about these low-fee alternatives.
Prepaid debit cards vs. regular debit cards
You don’t need a bank account to get a prepaid debit card, but it’s a requirement for a regular debit card, which is linked to your checking account. For prepaid debit cards, you load the card with money when you get it, then use it to make purchases. For regular debit cards, the funds for your payments are taken directly from your checking account as you make payments.
» More from NerdWallet: What is a debit card?
Nerdy tip: If you need to build credit or have been denied a bank account, a prepaid debit card might not be the best option: Secured credit cards help build credit, and if you can’t get a regular checking account, try second chance checking. These accounts provide another shot at mainstream banking and its perks.
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