Prepaid Card

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A Prepaid Card or Prepaid Debit Card is much like a Gift Card. It allows you to spend whatever amount of money is stored on the card. Once the balance is used up, you can reload the card online or at an ATM, a participating store, or other physical location. Prepaid debit cards are issued by banks and branded by major credit card companies, including Visa, MasterCard, Discover, and American Express.

A prepaid debit card can be a useful alternative to cash.Prepaid debit cards are an option for people who don't have a credit card or access to a regular debit card connected to a bank account.There are many fees associated with prepaid debit cards, so it's important to shop around for the best deal.Source: https://www.investopedia.com/ask/answers/042315/how-do-prepaid-debit-cards-work.asp