In my previous post , I explained what are pre-paid cards, how they are structured, and compared 5 pre-paid credit/debit cards.  In this post, I will extend that list to include all the pre-paid cards available to the market right now.   Card Name Features More Vision Silver Prepaid MasterCard Prepaid Debit Card issued by Meta Financial; Help build credit history; Instant Approval; Operate on MasterCard ...

Many people use the terms credit card and charge card interchangeably, but there are important differences. In general, a credit card lets you make purchases for which you are billed later. Most credit card accounts allow you to carry a balance from one billing cycle to the next; however, you have to pay interest on that balance. Usually, you have to pay at least a certain amount of your balance each time you receive a bill. A charge card is a specific kind of credit ...

As its name implies, pre-paid card is associated a pre-paid bank account, usually a checking account, as you swipe the card at the counter, money is withdrawn out of your pre-paid account and transfered to seller.  In this sense, pre-paid cards are actually debit cards.  However, some banks are blowing more functionalities into these debit cards by attaching credit lines to them, making them "pre-paid credit cards", or as some industry experts call it, Hybrid cards. ...