A prepaid credit card functions as a debit card, but these cards also work at certain businesses that accept credit cards but not debit cards. Another benefit involves retail, auction and payment services websites that require a credit card to sign up, as a prepaid credit card works for this purpose as well. Using a prepaid credit card is safer than keeping your wallet full of cash, and can help you track purchases and manage your money better. Prepaid credit cards also make good gifts.
Step 1
Stop at the customer service counters of stores or financial institutions you go to. Ask one of the representatives if the business sells prepaid credit cards. A variety of places sell them, including banks, grocery stores, department stores, convenience stores and pharmacies.
Step 2
Look at the official websites for Visa and MasterCard to find local places where you can buy prepaid credit cards. You also can purchase the cards at links provided on the websites.
Step 3
Research fees thoroughly. You can expect to pay a one-time fee of $5 to $10 for the service, but make sure you don't get a card with extra charges. Some companies, for instance, charge a fee every time you use the card.
Step 4
Pay for the amount you want to have available on the card. This is commonly called "loading" the card. Now you can use your prepaid credit cards at most places that take major credit cards.
Things You'll Need
- Computer with Internet access
- Money to load prepaid credit card
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