Thread: Whats the difference between a prepaid credit card and a prepaid debit card?

What's the difference between a prepaid credit card and a prepaid debit card? I use a prepaid debit card and would like to know what advantages or differences a prepaid credit card would have?


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The main difference between prepaid cards and debit cards is that you need a bank account for one of them but not for the other. If you want to have your own debit card, you must also have a bank account directly linked to it. But for a prepaid card, you just need to keep reloading the card so you can use it
Advantages of having prepaid cards is:

Direct Deposit.
Shop Online.
Pay Your Bills.
Allocate Cash.

Originally Posted by markwinget

The main difference between prepaid cards and debit cards is that you need a bank account for one of them but not for the other. If you want to have your own debit card, you must also have a bank account directly linked to it. But for a prepaid card, you just need to keep reloading the card so you can use it Advantages of having prepaid cards is: Direct Deposit. Shop Online. Pay Your Bills. Allocate Cash.

Absolutely! Thanks for the comprehensive explanation. Any suggestions on a good prepaid card supplier? I came across these milestone mastercard reviews and I just thought that MasterCard might be a great option. It has gained millions of clients all over the world, so that it is quite reputable and trusted.