If you’re thinking about getting a pre-paid debit card, then it goes without saying that you might have some questions about where you can use it, as well as anything else that you need to know in order to avoid problems down the road. The truth of the matter is that pre-paid debit cadres are pretty versatile, but there still might be a few places that tell you that you can’t use a pre-paid debit card. Car rental places are pretty notorious about this, because they feel that they won’t be able to charge the card extra in case the car comes back damaged or if there are other charges. Now, you can prove to them that you have enough money loaded onto the card to prevent this, but it’s best to talk to the company itself.
From there, you actually might find that getting a pre-paid debit card is actually pretty straightforward — you just need to go online or out to the store to get a pre-paid debit card that you can count on. It’s not like they’re hard to find at all. However, you will want to make sure that you really stop and take the time to find the pre-paid debit card that has the features that you want.
For example, you will want to see if you can get a break on the fees by getting direct deposit. It’s better to get rid of as many fees as you can, because that will free up more money for you to spend. It’s just the way things are, so make sure that you look around.
Now, some cards now claim that they report to all 3 credit bureaus, but that may or may not be the case. So if you really need a card that’s going to have credit reporting features, you’re actually better off getting a secured credit card than a pre-paid debit card. Although they sound the same, they’re actually quite different when you really think about it.
One of the first things that you need to do next before you really enjoy your pre-paid debit card is that you need to load money onto it, and you also want to set up email and text alerts. If you use your card wisely, you’ll get a lot more use out of it in the long run than if you had just stuck to trying to wait for a receipt to be printed out of what you have left on your card. Most cards aren’t going to provide that type of notification because it would be too hard for the stores to catch up. You will be able to look at your balance online.
Overall, if you’re really serious about getting things done with your pre-paid debit card, then you definitely owe it to yourself to figure out where you can use the card. The good news is that for most people, you can use the card anywhere that accepts your pre-paid debit card’s logo — whether that’s Visa or MasterCard. Get out there and enjoy controlling your finances today!