Debit Card Without A Checking Account - 3 Advantages of a Prepaid Debit Card

The world of shopping has changed a lot over the past decade or two

. People are writing far fewer checks at the grocery store and other merchants than they used to. And, even the use of cash is on the decline.

Both checks and cash have been largely replaced by traditional credit cards - or by debit & credit cards linked to checking accounts. Users of these affectionately refer to them as "plastic" for obvious reasons. Putting charges on the plastic rather than having to pull out that bulky checkbook or that wad of dirty dollar bills just makes a lot of sense.

Unfortunately, many people these days are not able to qualify for a credit card, or they have them but they are maxed out. And, many of them also do not have a checking account, either because their applications for checking have been rejected or because they just don't want to bother. Still, these folks would very much like the opportunity to use debit or credit cards to make purchases.

One solution: prepaid debit cards. If you would like to know more about getting a prepaid debit card, here are 3 advantages:

1. You can use them just like a major credit card at millions of locations:

The cards are typically issued by banks, but you do not need to be a customer of the bank to own one. Each card features the logo of one or more of the major credit card issuing companies, such as Master Card, American Express and Visa.

The cards look and feel like regular credit cards, so you can actually use them at any place that accepts credit cards - which means millions of locations around the world. But, they are technically not credit cards. Instead, they are debit cards since you literally debit the value of the card down a bit each time you use it.

2. You do not need to have a checking account:

Unlike traditional bank-issued debit cards, these cards are not tied to a particular checking account. So, no worries about being rejected for one these cards, even if you have been rejected in the past for a checking account.

When your card runs low on funds, it is easy: just reload it. They can be reloaded with direct deposit checks from your employer, federally-issued checks, or even another credit card. And, you can go online or call the toll-free phone number to check your balance any time.

Bottom line is, to the outside observer, you will be carrying around a "regular" debit card. Nobody will know it's a prepaid card.

3. You do not need to have a good credit score:

In order to get your hands on one of these cards, there is no need to run your credit report, either. That means that there is no requirement for having a good credit score. Whether you have poor, fair, good or excellent credit, you can qualify for one of these convenient cards.

Prepaid debit cards look and act just like regular credit & debit cards, but without the hassle of having to apply. Consider these 3 advantages the next time you consider buying one of these convenient cards.

Debit Card Without A Checking Account - 3 Advantages of a Prepaid Debit Card

By: Robbie James

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