A prepaid Visa credit card is perfect if you don't have a bank account or want to teach your teen how to manage money. With a prepaid credit card, you make an upfront deposit; you can then use the card almost like a standard credit card. Before securing a card, however, you want to keep several considerations in view so you make the correct choice.
Search the Internet for prepaid Visa credit cards. A few sites with large card listings of cards include CreditCards.com, CreditCardGuide.com and CardRatings.com. Choose a site and navigate to the prepaid credit cards section to see what is offered.
Check the fees. Fees exist for using direct deposit, loading your card with cash, making a transaction, activating your card and calling customer service. Others may include weekly or monthly fees, "signature" fees, "international" fees, cash advance fees and many others.
Check if direct deposit is offered, if this is a consideration for you. If so, your card will load automatically from your paycheck — a feature that most prepaid Visa credit cards offer.
Check if online bill payment is available. This enables you to pay bills online with your card. If you want to be able to send checks, many cards let you do this as well.
Ask yourself what balance limit you would like. This is the maximum amount of money you can add to the card. A typical limit is $10,000.