Prepaid cards are a great way to make purchases without going into debt or over a fixed limit. They are perfect for those individuals who need to manage their money effectively.
A prepaid card is not actually based on credit. It is based on the money that you have previously stored on the card for your use. Thus, although the transaction process is similar to that of normal credit cards, the money that you are using to make the purchase is your own.
Do not confuse them with credit cards, as the money stored in them is yours. Moreover, just like credit cards they also offer the cardholder with the same convenience of making purchases.
In order to use a prepaid credit card to purchase goods and services, you need to look for a co-branded card program. Numerous stores have joined forces with banks and Visa or MasterCard to provide customers with prepaid credit cards. If they provide customers with such facility, they will inform you when you shop there.
Prepaid credit cards make good gifts for teenagers as it teaches them to make purchases within certain limits. If you have been given a prepaid credit card with a co-branded card program, here are a few ways to use it for your transactions:
Once you have chosen your merchandise, give your card to the cashier, who will swipe it and charge it. You will also be given a receipt for the transactions and you might be asked to sign one copy of the receipt for the store's records.
Most retail stores have credit card machines with which they can swipe your card. Once the card is swiped, you will be asked to sign one copy of the receipt for the store, while you will keep the other one in your possession.
At a Gas Station Gas stations work the same way with a credit card and a prepaid card, as long as you have enough money stored in your card. Swipe your card at the pump to pay for you gas or ask the attendants to help you with the process.
When You Visit an Online Store With so many businesses opening online retail stores, people can purchase goods and services sitting from anywhere in the world via prepaid credit cards, which has made shopping a breeze especially if they are linked with co-branded card programs.
When You Need to Pay for Utility Bills With the boom of smart devices, people can make utility payments sitting at home or from anywhere in the world using their prepaid credit card. In addition, some utility companies may provide the option to come and pay the bills in-person using the card.
The ideal prepaid credit cards are those that are associated with a co-branded card program. So load your prepaid card with a fixed amount today, and head for the nearest mall, without the fear of over expenditure!
A prepaid card is not actually based on credit. It is based on the money that you have previously stored on the card for your use. Thus, although the transaction process is similar to that of normal credit cards, the money that you are using to make the purchase is your own.
Do not confuse them with credit cards, as the money stored in them is yours. Moreover, just like credit cards they also offer the cardholder with the same convenience of making purchases.
In order to use a prepaid credit card to purchase goods and services, you need to look for a co-branded card program. Numerous stores have joined forces with banks and Visa or MasterCard to provide customers with prepaid credit cards. If they provide customers with such facility, they will inform you when you shop there.
Prepaid credit cards make good gifts for teenagers as it teaches them to make purchases within certain limits. If you have been given a prepaid credit card with a co-branded card program, here are a few ways to use it for your transactions:
Once you have chosen your merchandise, give your card to the cashier, who will swipe it and charge it. You will also be given a receipt for the transactions and you might be asked to sign one copy of the receipt for the store's records.
Most retail stores have credit card machines with which they can swipe your card. Once the card is swiped, you will be asked to sign one copy of the receipt for the store, while you will keep the other one in your possession.
At a Gas Station Gas stations work the same way with a credit card and a prepaid card, as long as you have enough money stored in your card. Swipe your card at the pump to pay for you gas or ask the attendants to help you with the process.
When You Visit an Online Store With so many businesses opening online retail stores, people can purchase goods and services sitting from anywhere in the world via prepaid credit cards, which has made shopping a breeze especially if they are linked with co-branded card programs.
When You Need to Pay for Utility Bills With the boom of smart devices, people can make utility payments sitting at home or from anywhere in the world using their prepaid credit card. In addition, some utility companies may provide the option to come and pay the bills in-person using the card.
The ideal prepaid credit cards are those that are associated with a co-branded card program. So load your prepaid card with a fixed amount today, and head for the nearest mall, without the fear of over expenditure!
About the Author:
You can avail prepaid card programs to make a transaction at a number of different stores. It is an added advantage if you avail a card associated with a co-branded card program, as it will work all over the world.. This article, Different Ways To Use A Debit Card is available for free reprint.
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