subject: What Is The Best Prepaid Credit Card - 6 Crucial Things To Look For [print this page] Prepaid credit cards are great for adults and teenagers alike. Bad credit, No credit, or you simply just like keeping your spending in check, a prepaid credit card is a great choice.
When it comes to deciding on what is the best prepaid credit card to get the choices can seem a little daunting at first, but With a little quick research you will be able to easily determine which card will suite you best!
1. Stay away from cards that have transaction fees! Especially if you plan on using the card regularly, this will deplete you balance in a hurry which is never a good thing!
2. You also want to avoid cards that charge an annual fee, there are many prepaid cards with NO annual fee.
3. Ideally you will want to find a card that has a monthly maintenence fee of $5 or less, but should absolutely be no higher than $9.95 per month.
4. You will need to load money onto your card, so make sure that load fees are $5 or less. Many prepaid cards will waive this fee if you have your paycheck direct deposited for example.
5. Most prepaid cards will require an activation fee, but many can be waived with use of direct deposit! Just check with the issuer of the prepaid card you're applying for.
6. Look for prepaid credit cards that have referral programs! If you are going to use a prepaid credit card you might as well get a little something back right?
So what is the best prepaid credit card? It's whichever one fits the criteria above.
Remember, no matter which one you decide to go with, that you will be building credit history, maintaining a reasonable spending limit, and avoiding unecesarry fees that are common with traditional credit cards!
It's very easy to get started! Simply review currentprepaid credit card offers, pick out your card, and click on the apply now button. With most offers having 100% guaranteed approval there is NO reason you can't have your prepaid credit card today!
What Is The Best Prepaid Credit Card - 6 Crucial Things To Look For
