A prepaid debit card is a card that is issued by a financial institution and is preloaded with funds that can be spent just like a regular debit card. It can be used to make purchases in person or online, and in many cases, even be used for ATM withdrawals.
Prepaid debit cards work through a system where a card is bought at a retail store, loaded with credit and used like a debit or credit card at locations that accept it. The cards have their advantages, they can be used without a checking or bank account, and their drawbacks; the cards aren't regulat
Prepaid debit cards can be found online through websites, such as NetSpend.com and GreenDot.com. Temporary GreenDot cards can also be purchased at certain grocery store and department store chains, including Wal-Mart and Kroger's. Kroger's also carries a prepaid debit card that offers a temporary ca
Prepaid debit cards are easy to obtain because they don't require credit checks. Prepaid debit cards can be purchased online or at participating retailers, as MasterCard points out. Some prepaid debit cards must be registered online to reload funds or take advantage of other benefits.
Before giving a prepaid debit gift card, it must be activated in the store or by calling the number on its packaging, states MasterCard. After activation, the recipient can use the card at any location that accepts that brand of credit card.
Some of the differences between prepaid cards and checking accounts include being charged more monthly fees with prepaid cards, having free financial services with checking accounts and paying to load money onto a prepaid card, notes Bankrate. Prepaid cards may be a better option for customers who f
As of 2015, prospective MyVanilla prepaid Visa debit card applicants can fill out an online form or call the company's hotline at 1-855-686-9513 to begin the card application process. An applicant must submit personal information, such as her address and name, for identity verification prior to rece
Payoneer, TruMark Financial and NetSpend all allow customers to request an international prepaid debit card at their websites. These cards allow cardholders to make international purchases online, shop anywhere Visa or MasterCard are accepted outside the United States, and withdraw available funds a
Visa offers several types of prepaid cards, including the Visa Prepaid Card, Visa Clear Prepaid and Visa Payroll. All these cards are secure alternatives to carrying cash or checks, according to Visa.
The Vanilla prepaid debit card is issued by The Bancorp Bank, according to the MyVanilla website. Bancorp was ranked by The Nilson Report as one of 2014's top issuers of prepaid cards in the United States, as noted on TheBancorp.com.