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Prepaid Credit Cards
All About Prepaid Credit Cards
A prepaid credit card works just like a regular credit card. No one will know you are using a prepaid credit card.
Your credit limit on your prepaid credit card is based on the amount of money you have deposited in a bank account. You can charge up to a certain percentage of your account balance.
The prepaid credit card advantage:
- You can easily obtain prepaid credit cards. They can be purchased online or in local retail stores. A prepaid credit card does not require any credit check or proof of income.
The only thing to do is to fill out an application, pay a small fee for setting-up the account and load the prepaid credit card with cash. The amount of cash loaded will be the “credit limit”
- Prepaid credit cards have no over limit penalties.
You can't go over your limit with a prepaid credit card.
- Prepaid credit cards are free from financial or credit problems.
- Prepaid credit cards can be used almost anywhere. Prepaid MasterCards and Visa cards are almost accepted anywhere in the world.
Disadvantages of Prepaid Credit Cards:
- Usually a set-up fee of 5 to 50 dollars is needed when a prepaid credit card account is opened. Then another fee of $5 or more is paid every time more money is loaded onto the card.
Regular credit cards usually do not charge a set-up fee or annual fees.
- Cash up front is needed before any purchase can be made with the prepaid card. This could be an advantage since compulsive spending can be avoided.
- There are some prepaid credit cards that cannot be used to make regular payments such as monthly electric consumption or online services.
The Conclusion:
The prepaid credit card is a definite help for people who have past credit problems. It is just a matter of choosing the right prepaid credit card that suits your needs.
Here are some high quality prepaid credit cards for your consideration:
Wired Plastic™ Prepaid Visa®
Wired Plastic is the most advanced Prepaid Debit card available. It offers the most convenient loading options with Free Direct Deposit, Cash loading at over 100,000 retail locations, and Bank ACH and Wire Transfers. With its integrated Bill Pay feature Click-n-Pay™, cardholders can; send a check to anyone, schedule recurring monthly payments including rent, car payment, and utilities and access the service online or over the phone. They offer free customer service, online access, and wireless alerts. Plus you never pay NSF, overdraft or bounced check fees ever! With Wired Plastic you can - make your life easier!
- No Upfront Payment Required – Receive your new Visa card in as little as 3 days
- Overdraft Safety Program – Qualify to receive up to a $1500 cash advance directly to your card!
- Rewards Program – Earn 1 point for every $1 spent, redeem points for; LD Phone Calls,
- Prepaid Wireless Airtime and Music Downloads
- Integrated Bill Pay Service – Pay any bill online or over the phone, even if they don’t accept credit or debit cards.
- Convenient Loading Options – Free Direct Deposit or add cash instantly at over 100,000 retail locations nationwide.
Vaya® Prepaid MasterCard® Card
The Vaya® Prepaid MasterCard® Card is a prepaid MasterCard® debit card that you fund directly from your paycheck, at thousands of retail locations, or through transfers from a bank account. You decide how much money to load onto your prepaid MasterCard®. Enjoy all of the benefits of a MasterCard® card, but with no interest charges, no credit checks, and no bank accounts required. Approval is Guaranteed.* It's good at millions of MasterCard locations. And gives you instant cash access at more than 900,000 ATMs worldwide.
- Guaranteed Approval*
- No credit check or bank account required
- Access your money at millions of MasterCard® locations - online, offline and at ATMs
- Budget your spending with the power of prepaid
- Easy loading options, including FREE direct deposit
First Vineyard
Enroll in First Vineyards unique cash back and referral program and start earning $25, $50, $75 even hundreds of dollars in compensation every month. Unlike credit card reward programs, anyone can participate regardless of credit history. Just use First Vineyard anywhere MasterCard is accepted and tell your friends and family - it's that simple. Qualify to earn 1% cash back on your own spending, plus refer others and receive a $25 bonus and compensation on their spending. This makes First Vineyard the most powerful and rewarding incentive card on the market.
First Vineyard MasterCard Card Features:
- Guaranteed Approval Stored Value MasterCard
- Use anywhere MasterCard® or Cirrus/Maestro is accepted
- Access cash at 1 million ATMs worldwide
- Receive cash back at the point of sale (grocery or c-store)
- Online bill payment included
- Card2Card transfer capability
- Direct deposit payroll and government benefit checks
- Add cash at 50,000 retail locations nationwide
- Powerful online card management tools
- Toll-free account information line (real-time transaction history, balance, also includes built-in calling card feature, and bill-pay capability)
First Vineyard Member Benefits:
- Receive 1% cash back on personal spending - paid monthly
- Refer others and receive compensation on their spending - paid monthly
- $25 cash bonus on every new member personally referred - paid daily
- Benefit from First Vineyard Company marketing
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