Prepaid cards function like debit cards. It is considered as a plastic alternative of carrying money and often called the everyday cards.
First you load it with cash after buying and they are good to go. When it runs out, you can replenish it and top them up, it serves as a mobile pay-as-you-go.
Since it is not a credit card, there’s no debts in using Prepaid Cards. This type of card is good for teenagers, those who doesn’t have a bank account and those who are scared of spending so much.
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