answersLogoWhite

0


Best Answer

The card will not impact one's credit score, because there is no credit line, but it does help people to learn to budget their money, especially teens. Parents can use parental controls and put their allowance into the account.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Are Visa Buxx prepaid cards good for people with poor credit history?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Finance

What are the benefits of having prepaid credit cards as opposed to regular credit cards?

Prepaid credit cards are better than standard credit cards in that you're less likely to get in over your head financially. Standard credit cards are one of the primary ways people build debt but with a prepaid card you can only spend what you already have.


Can you get a credit card with no credit history?

Yes, there are some credit cards that offer credit even without a limit such as AccountNow, Prepaid MasterCard, Wired PlasticTM, Prepaid VisaCard, Centennial Secured CreditCard, The MangoTM MasterCard Prepaid Card and more.


Where can one find a no credit check credit card?

All credit card providers check one's credit history before they accept or decline an application, so one has to look for alternatives instead like credit builder cards or prepaid cards. Credit builder cards are for those people with poor or no credit history at all and are available from providers like Aqua, Vanquis Bank Aquis, Barclaycard and Capital One. Prepaid cards work by pre-loading money on the card and are available from providers like Caxtonfx and Travelex.


What credit card companies offer cards to people with no credit history?

My advice is to talk to your banker. Someone with a bad debt credit card should not have another credit card until they have paid off any debts before they further it. Companies will give you prepaid debit cards for people in this situation.


Can you reload prepaid credit cards with credit cards?

There is no such thing as a prepaid credit card. There are secured credit cards and prepaid DEBIT cards. yes because if you pre-pay it can be called 'credit' other than that both cards provides the exact same facility. for you question. yes its possible to topup your 'prepaid credit card' with another credit card or using a bank account. however it all depends on whether your bank/credit card company supports such facility. refer to the link provided to know more about 'prepaid credit cards' available and different services provided by them.

Related questions

What are the benefits of having prepaid credit cards as opposed to regular credit cards?

Prepaid credit cards are better than standard credit cards in that you're less likely to get in over your head financially. Standard credit cards are one of the primary ways people build debt but with a prepaid card you can only spend what you already have.


What is Household Bank?

Household bank is a lending company. They issue credit cards and prepaid debit cards for people with bad credit or no credit.


Can you get a credit card with no credit history?

Yes, there are some credit cards that offer credit even without a limit such as AccountNow, Prepaid MasterCard, Wired PlasticTM, Prepaid VisaCard, Centennial Secured CreditCard, The MangoTM MasterCard Prepaid Card and more.


Where can one find more information about prepaid credit cards in Canada?

One can find information on prepaid credit cards in Canada on a variety of websites. Canada Post sells prepaid credit cards and has information both in store, and on their website. MasterCard has information on their website about their prepaid cards, and VISA has information on their website about their prepaid cards.


Where can one find a no credit check credit card?

All credit card providers check one's credit history before they accept or decline an application, so one has to look for alternatives instead like credit builder cards or prepaid cards. Credit builder cards are for those people with poor or no credit history at all and are available from providers like Aqua, Vanquis Bank Aquis, Barclaycard and Capital One. Prepaid cards work by pre-loading money on the card and are available from providers like Caxtonfx and Travelex.


What credit card companies offer cards to people with no credit history?

My advice is to talk to your banker. Someone with a bad debt credit card should not have another credit card until they have paid off any debts before they further it. Companies will give you prepaid debit cards for people in this situation.


Can you reload prepaid credit cards with credit cards?

There is no such thing as a prepaid credit card. There are secured credit cards and prepaid DEBIT cards. yes because if you pre-pay it can be called 'credit' other than that both cards provides the exact same facility. for you question. yes its possible to topup your 'prepaid credit card' with another credit card or using a bank account. however it all depends on whether your bank/credit card company supports such facility. refer to the link provided to know more about 'prepaid credit cards' available and different services provided by them.


Can prepaid credit cards be traced?

No Not At All


What are a few good prepaid credit cards for college students?

There is few goods prepaid credit cards one should get. American Express offers a good deal when it comes to prepaid credit card. Also another good one is Visa's prepaid credit card.


Which banks offer prepaid credit cards?

The banks that offer prepaid credit cards are Bank of America, U.S. Bank Secured, Chase, Wells Fargo, Capital One Bank, also First Premier Bank offers prepaid credit cards.


Are prepaid credit cards as safe as regular credit cards?

Prepaid creidt cards are safer than regular credit cards. They work much like a debit card so that when the money is exhausted on the card, the card will be rejected.


What Canadian banks offer prepaid credit cards?

Several Canadian banks offer prepaid credit cards. They include TD Canada, Scotiabank, and BMO Prepaid, among a few others.