What is a prepaid debit card?
A prepaid debit card is a widely accepted card except that you don’t need to have your personal details reviewed. Anyone can buy a rechargeable prepaid debit card, pre-load it and you can use it to spend on the internet or in real-life shops.
Advantages of prepaid debit card
- As it is prepaid, no one can charge more than you have loaded in the card so you have minimized your loss no matter what happened.
- Privacy. There is no credit card statement so your gf/wife won’t find porncam.xxx on your bill.
Disadvantages of prepaid debit card
- The credit limit is constrained by how much you have loaded into the card. You can’t spend more until you top it up again.
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