Prepaid Credit Cards

Introduction

Prepaid cards, otherwise known as prepaid Visa or prepaid Mastercard, are a great way to introduce people to budgeting whether you're a student moving away from home for the first time or if you struggle to keep within your credit limit. Plus they can help reduce the risk of identity theft as prepaid cards are not attached to a current account they have no overdraft facility and you can only spend what money you have prepaid onto it.

Share your own thoughts on the increasingly popular method of payment from big names such as O2's Money Card, Creditplus Prepaid Card or the Halifax Prepaid Mastercard.

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