Tag Archive: Prepaid

Prepaid or Reloadable Credit Cards (Part 2)

SHOPPING FOR A CARD Here are some tips on choosing the best card for you: Will the card be accepted in places where you want to use it? Is there a minimum requirement for the card to remain usable? Are there reload limits? Is there a daily cash withdrawal limit? Are there convenient ATMs where …

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Permanent link to this article: http://okaloosa.ifas.ufl.edu/newsletters/2013/03/11/prepaid-or-reloadable-credit-cards-part-2/

Prepaid or Reloadable Cards

What are prepaid cards? Pre-paid cards or network branded prepaid cards are not credit cards, although they are sometimes marketed as “prepaid credit cards”. No credit is offered by the card issuer and the cardholder spends money which has been prepaid to a card.  The value is not physically stored on the card.  Instead, the …

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Permanent link to this article: http://okaloosa.ifas.ufl.edu/newsletters/2013/03/05/prepaid-or-reloadable-cards/