Prepaid credit cards work exactly like the traditional unsecured credit cards. Make sure that you know what your credit limit is. Your credit limit will be what you send into them. You can use them just like a credit or debit card to get hotel rooms, gas, or whatever else you may need.
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Ah, isn't that a happy little question! Credit cards starting with 5534 are typically issued by MetaBank. Remember, it's important to always protect your personal information and use your credit card responsibly. Just like painting a beautiful landscape, managing your finances requires patience and attention to detail.
You need to start with a secured credit card. As long as you place a minimum security deposit of $200 you are guaranteed approval for a secured card. In addition, after you place the security deposit a secured credit card works in an identical way as a regular credit card. The only difference is that when you close your account and assuming you are not late on any of your payments you get back your security deposit :) Do not confuse secured credit cards with prepaid cards. Prepaid cards or prepaid credit cards are debit cards that are for people that do not want to get a traditional checking account with their bank. Finally, you do not build credit by having a prepaid card but you build credit by having a secured credit card. I went to a jewelery shop (Crescent Jewelers) and I bought jewelery and they asked if I wanted to pay in payments. I applied and it helped me a get a credit card down the road. If you don't want jewelery try buying a gas card (not prepaid) or something small and simple. And don't miss the obvious card, your bank! (they should have one.) Virtually any adult can apply for a credit card. You will need your name, date of birth, address, and social security number. However, just because you apply for a credit card does not mean you will be approved. You must have a co-signer to add you as an authorize user to establish a form of credit. From their your credit will take some time to build up. I have never had a cosigner. A good spot for a first card is a place like Orchard Bank or some department store card. You will receive a low limit at first and with quick payment and responsible use, you will have a good credit report in no time.
Discover bank is best known for their credit card services. But they are the same as a traditional bank offering savings accounts, investment certificates and online banking.
Nothing, Visa is just a brand name for credit cards. Just like MasterCard, Discover, etc.
Several credit card companies like Capitol One are now offering services to customer who need a credit card but have a bad credit history. These service include the ability to obtain a prepaid credit card that works just like a normal credit card.