Prepaid Debit and Credit Cards
- Easily compare +20 prepaid debit cards that assist with rebuilding credit
- Expert and Independent ratings & consumer reviews
- Secure and immediate online application process
- Intro APR N/A*
- Intro BT APR 0.00*
- 100% Guaranteed Approval* - No Credit Check
- Free Direct Deposit - sign up now and have a safe place to put your tax refund
- Only card that lets you change your fee plan whenever you want to
- Free prescription discount card
- Easy Bill Pay - pay bills, rent, or write personal checks
- Card to card transfers
- Intro APR N/A*
- Intro BT APR N/A*
- As an official sponsor of the National Breast Cancer Foundation, purchases from the ACE Elite Card have contributed to over $2 million towards breast cancer awareness and detection.
- Free Direct Deposit - tax refunds get credited in as few as 8 days and paychecks are available up to two days faster*
- Direct Depositing $500 in one calendar month qualifies you for a $10 Purchase Cushion & our lowest fee plan*
- No credit check, No application fee, No obligation*
- Secure: Card funds are FDIC insured, backed by Visa® Zero Liability*
| Intro APR: | Balance Transfer: | Regular APR: | Annual Fee: | Credit Needed: |
| N/A* | N/A* | N/A* | None | No Credit |
- Intro APR *
- Intro BT APR *
- No issuance fee online
- No credit check or bank account required
- No overdraft fees
- No minimum balance required
- Free Direct Deposit
- $10 bonus with qualifying Direct Deposit (for a limited time only)
- Use everywhere Visa debit is accepted, including shop online, pay bills, get cash at ATMs
| Intro APR: | Balance Transfer: | Regular APR: | Annual Fee: | Credit Needed: |
| * | * | * | See Terms* | N/A |
Pre-paid Debit
Pre-paid debit cards are similar to both ATM debit cards and regular credit cards, yet offer a different kind of card that is especially helpful to those with bad credit. Prepaid credit cards are also helpful to parents wanting to give their kids a credit card with “training wheels” to teach them how to handle credit card debt. Most pre-paid cards are available to anyone, even if they do not have a bank account or credit history. The credit limit extended to you is based on how much money you deposit into the account ahead of time – or how much you “prepay” the card.
Pre-paid debit cards work by the cardholder prepaying an amount of cash into their card account. Then they can use the card the same way that they would use a credit or debit card, and can make withdrawals or purchases against the cash balance in the account. If you use up your cash then the card limit runs out – and at that time you can recharge or resupply your card by making another cash deposit.
Check the details of each prepaid card, because they all charge various fees and apply different rules. Some companies limit the number of transactions you can make without paying a fee, while others charge fees on every transaction – including when you deposit money to your account. They may have application fees that are not refundable, customer service fees, ATM fees, and money transfer or wire fees. Most prepaid card companies require that you make a minimum deposit amount – which could range from $50 to $300, depending on the pre-paid card that you sign up for. Many also offer helpful cash management and bill paying tools through convenient online account access which can assist with establishing an improved credit history.
