A prepaid credit card can be reloaded at the original place of purchase, at other participating retailers or online by the cardholder. Direct deposit of the cardholder's paycheck into the prepaid card account is a viable way to make funds readily accessible without the need for a bank account.
Prepaid cards are offered by many major banks and money lending institutions. They are a popular alternative to traditional credit cards that charge interest on borrowed money. Prepaid cards attract no interest payments and offer better control over spending but often have regular maintenance fees or activation charges that need to be paid.