Free Visa Prepaid CardsPosted on February 17th, 2011 | admin
When you’re looking for free Visa Prepaid cards you’ve likely noticed there are not too many free prepaid credit card offers to choose from because there’s almost always some kind of catch to the prepaid offer with hidden fees attached.
Before completing a secure online application for one of the so called free Visa prepaid cards you should think about your spending habits because like I said there is almost always some kind of fee attached to a prepaid credit card however you can avoid the fees if you get in touch with how you’re going to use the card.
Fees to Beware of with a Prepaid Debit Card
When you are looking to get free Visa prepaid cards like I’ve already said there are usually some fees attached to the card offer such as transaction fees however you’ll find there are some prepaid credit cards that claim to have no fees on transactions however you only get free unlimited purchase transactions if you meet a minimum number of monthly transactions.
The next fee you need to make sure you don’t get bullied into paying are annual or monthly fees and services charges. It’s insane that prepaid credit card companies think they can get away with charging you monthly or annual fees.
The only time you should pay a monthly fee with a prepaid credit card is when you want to use your prepaid debit card to help build or restore your credit score. If you are paying a monthly or annual fee you’ll need to make sure that the fees you are paying get reported to the credit bureaus.
Finally, never under any circumstances should you pay a setup fee, after all it’s your money and the prepaid card companies make money from retailers every time you make a purchase on your prepaid Visa or MasterCard.
What are the Best Prepaid Visa Credit Cards?
Here are the top 2 prepaid credit cards depending on your financial goals, the first is the best of all free Visa cards then second is a prepaid
Best Prepaid Credit Card with No Fees
The Ace Cash Express Prepaid Visa Card Offer
Best Prepaid Credit Card to Build or Restore Credit
Prepaid Visa® RushCard