A common question that is asked among many credit card users is if you can use a prepaid card like a normal credit card? While it does have all the features of a regular card, there are some differences with a prepaid card, and let me tell you exactly what the difference is in regards to these cards.
You have to load the card: Unlike your regular credit card, a prepaid card is going to require a deposit. This is going to be your credit limit. You almost have to picture it like a gift card. You can only spend what you have on the card. Make sure that you look for a card that has no fees; this will help you out a lot!
No credit building: Most prepaid cards won't build your credit score, and instead they are built for younger kids, or people with bad credit scores. Look into particular cards, because there are some out there that will help you with your credit scores. It's your job to compare these cards to see what works for you, and your spending.
In the end, you're going to find that you can use the card just like you can use a regular card. There are going to be no restrictions, and you're going to be able to use it just about anywhere, as long as it has a major logo from Visa or MasterCard. As long as you do your homework, and find the card for you, it will help you with your spending, whenever you use a card!
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