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Is a prepaid credit / debit card more hassle than it's worth?


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Written on: 11.11.2009 [11:10]
Courtney
Courtney
Topic creator
Posts: 4
I've read a lot of praise for the new prepaid credit & debit card deals, but I'm unconvinced. When should you opt for a prepaid card rather than a regular card?

Written on: 01.12.2009 [15:53]
Phillips
Phillips
Posts: 5
Prepaid credit cards and rechargeable / reloadable debit cards are basically a worry-free spending tool. They have been developed with people in mind who find it difficult to resist impulse buys or stick to a budget. They're also popular for teenagers when parents want to prevent spiralling credit card bills at school or university... If you have a lot of disposable income and can manage your money without too many problems it's probably not necessary for you to have a prepaid card: you can do just as well with a regular debit / credit card. What would you be using your card for?
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