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The Best Prepaid Credit Card Deals

August 2, 2008 | Credit Cards | No Comments

If you are having problems getting a credit card due to poor credit, then consider a prepaid credit card. There are several prepaid credit card services to consider. A prepaid credit card is not a credit card. Unlike a credit card, you deposit money on your card before you make purchases, so you can choose just how much to spend. Since you’re not borrowing money, there are no credit checks, interest charges or late fees!

Prepaid credit cards require you to have a funded account which is debited when you use your credit card. Sort of like a bank debit card. However, using a prepaid credit card can help with your credit rating over time. Below we have listed the best prepaid credit card deals for you to consider.

AccountNow offers a prepaid MasterCard credit cart. This is great alternative in cashing your pay checks instead of paying 3%-5% of every paycheck to a check cashing service you can easily deposit your paycheck and pay bills for free with your AccountNow prepaid account. AccountNow allows you to have your employer directly deposit your paycheck into your AccountNow prepaid account each pay period. This eliminates trips to the check casher and stop waiting in line.

Your AccountNow prepaid account comes with a MasterCard prepaid card. Make purchases all over the world everywhere MasterCard debit cards are accepted and access cash at over one million ATMs worldwide. You can also use AccountNow free Online Bill Pay and free Credit Builder and they’ll help you build your credit worthiness by reporting your payment history to PRBC, a national credit reporting agency.

Ready Visa debit cards are accepted worldwide at any business that accepts the Visa credit card. You can also use the Ready debit card to withdraw from any ATM that displays a Visa, Interlink, or NYCE acceptance marks. You can withdraw up to $500 per day using an ATM and $2,500 per day from a bank teller. The company charges very low fees.

To fund your account the best way is to sign up for direct deposit. With the Ready debit card you’ll avoid check cashing fees. The total balance on your READY debit Card cannot exceed $10,000 at any time. You can check your account online or by calling a toll free number. Ready also offers an online bill pay service that allows you to pay anyone online. If the recipient can’t take online funds, Ready will print a check and mail it to them.

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