Things You'll Need:
- Cash
- Intended use for card
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Step 1
There are 2 basic types of prepaid Visa's. The first is reloadable and the second is one time use only. If you plan to spend monthly with your credit card then reloadable is the choice for you. If you just need a card for one time use then unreloadable is the best choice. Decide which one you want and go to merchant to purchase the card.
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Step 2
The Prepaid Visa and Master Cards can be found at WalMart, grocery stores, Walgreens, and many discount stores. Once you have decided on how you will use the card, purchase it and you are ready to activate it for use. Terms do vary. The cards will have additional fees for use that typically range from 50 cents to 3.00 so be careful here. You want to be as cost effective as possible.
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Step 3
To purchase the cards you must be at least 18 years old. You may add funds to your reloadable card at the location of your purchase. There is a number on the back of your card to call with questions and a website that will be listed as well. Reloadable cards are a great way to keep track of spending and or for a budget. Nonreloadable are great for one time use.
Comments
kimmango said
on 11/3/2009 As a writer for Mango Money, a prepaid MasterCard, I would like to add a subtle detail to this article. There are websites online where you can purchase prepaid cards too.
Before buying a card, compare the fees found at retail stores versus the online stores.
If you need the card today, then a brick-and-mortar store is a great solution. If you can wait a week for your card to come in the mail, it may be worth the wait.
Best,
Kim
http://www.MangoMoney.com
goodselfme said
on 8/30/2009 Thank you for the pre paid mastercard or Visa credit card info.
femwriter said
on 8/30/2009 This is an informative article and thanks for sharing this. 5*
betterbody said
on 8/28/2009 Thanks for the details on these cards. I think they can be a great idea.