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By: Veronica @ Pelican on Money

I’m still a bit at a loss for reason behind a prepaid credit card. Am I the only one who has a free checking account with no fees / minimum balance? What’s the upside of using one?

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By: Carrie Smith

I’ve been thinking of getting a prepaid debit card to use like a plastic version of the envelope system, and loading money onto the card for groceries, eating out and entertainment funds. Like you...

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By: iHeartBudgets

Prepaid credit cards are great to build credit without going overboard. Prepaid Debit Cards, on the other hand, I agree, not sure what the point is.

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By: iHeartBudgets

I don’t see myself ever going prepaid debit. Especially if there are any fees. I am a proponent of prepaid credit cards, on the other hand. I think it’s a great intro for teenagers to get into the...

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By: TacklingOurDebt

I’ve heard of pre-paid credit cards, but I was not aware that pre-paid debit cards were available. Like others below have mentioned, I too am at a loss as to why a person would need a pre-paid debit...

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By: Sean @ One Smart Dollar

They are good for people who can’t get checking accounts at a bank because they might have had to many overdraws.

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By: CanadianBudgetBinder

I’ve heard of the pre-paid debit card but I’m almost 100% sure I’d never bother with them. Maybe for some they will see it as an advantage but not me. Interesting to learn about though. Mr.CBB

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By: justin@thefrugalpath

Sometimes the desire for money outweighs a person’s ethics. This does seem like a hypocritical move on her part. She often touts that people shouldn’t go to a financial adviser who makes a commission...

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By: Glen @ Monster Piggy Bank

My dad doesn’t trust using his actual credit card on the internet so he normally uses prepaid credit cards. He feels more secure knowing that if he gets scammed his liability is limited to whatever he...

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By: Mr.CBB’s Weekly Blog Post Picks~Oct 19,2012 « Canadian Budget Binder

[…] One Smart Dollar-What You Need To Know About Pre-Paid Debit Cards […]

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