How Do Prepaid Credit Cards WorkPosted on March 18th, 2011 | admin
Do You Need to Know How Prepaid Credit Cards Work and Want the Best Prepaid Debit Card Offer Today?
If you’ve been considering getting a Visa prepaid debit card but you need to know how do prepaid credit cards work before you buy a prepaid card and you’re wise for reading this right now because what most people don’t know is you can actually get cash back rewards with only a select few prepaid credit card offers.
The way prepaid credit cards work is you simply deposit an amount of money on a prepaid credit card then you use the card the same way you would with a regular credit card with the only difference being that a regular credit card gives you a line of credit you can use for spending and pay later whereas an offer such as a Visa prepaid debit card you can only make purchases up to the amount that you’ve pre-paid.
The best thing about pre-paid credit card offers is you can use them just like a regular credit card and you’ll avoid the pain that comes along with unsecured credit card, when you buy a prepaid credit card you’ll get all the conveniences you get with a normal credit card such as shopping online to purchase items you want, booking hotels rooms, reserving rental cars and all the other conveniences you get from having a Visa credit card in your wallet without the risk of getting wrapped up in credit card debt.
I think you are getting the idea about how do prepaid credit cards work however the benefits go further because a card like a prepaid Visa debit card gives you added security and protection because if your prepaid credit card gets lost or stolen, especially when you want direct deposit, you are protected in the event of a lost or stolen card because you now have recourse to get your money back
You already know if your cash gets lost or stolen you will never see that cash again, however when you put your cash on direct deposit to prepaid credit cards you have the prepaid credit card issuer working on your behalf as a watch dog and you can get your cash back if somebody finds your lost wallet or steals your prepaid debit card, if that happens odds are you are going to get your money back…. That is just not possible when you deal in cold hard cash
Now that you understand and know how prepaid credit cards work, let’s take a look at the best prepaid Visa credit card on the market today in 2011
What’s the Best Prepaid Credit Card Offer to Get Now?
The best prepaid credit card you can get today is the Walmart prepaid Visa card because when you apply now for this debit card and choose the direct cash deposit option, you’ll get a cash back bonus, plus you’ll also earn cash back rewards on your gas purchases.
Getting cash back rewards with a prepaid Visa debit card is simply unheard of so you’d be wise to apply for the amazing debit card deal Walmart has for you right now, here’s the scoop on the Prepaid Walmart Visa credit card, this is a prepaid Visa card offer that wants to pay you cash back, again getting cash back on a prepaid credit card offer is unheard of so you need to jump on and take advantage of this offer right now, here’s more details about what you get with the Walmart Prepaid Visa money card:
Walmart MoneyCard(SM) Visa® Prepaid Card
If you don’t apply to take advantage of the cash back features the Walmart MoneyCard(SM) Visa® Prepaid Card is giving you now then I have to say that you’re crazy to miss out on this incredible cash back opportunity however if you’ve got anymore questions about how do prepaid credit cards work go ahead and leave your questions here on this credit card blog.