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How does a prepaid debit card work?

Anonymous

∙ 11y ago

Updated: 9/28/2023

A prepaid debt card is purchased at a store with specific amount of money on the card. It is used just like a normal debit card. However, if you try to purchase and item and you do not have enough funds on the card, the transaction will be declined. Unlike a regular debit card, which can be linked a savings account to draw out funds to protect an account from over-drafting, there is no account to link to.

Wiki User

∙ 11y ago

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Continue Learning about Finance

Can a cash advance be deposited on a prepaid debit card?

Can a cash advance be deposited on a prepaid debit card?

How can I add funds to a prepaid card using a debit card?

You can add funds to a prepaid card using a debit card by logging into the prepaid card's website or app, selecting the option to add funds, and entering your debit card information. You can also visit a retail location that offers reload services for the prepaid card and use your debit card to add funds.

Can you get a payday loan with a prepaid debit card?

No

Can funds be added to your citibank prepaid debit visa card?

can funds be added to your prepaid debit visa account with a money loan?

Can you get a cash loan with only a prepaid debit card?

yes

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Related Questions

Can a cash advance be deposited on a prepaid debit card?

Can a cash advance be deposited on a prepaid debit card?

How can I add funds to a prepaid card using a debit card?

You can add funds to a prepaid card using a debit card by logging into the prepaid card's website or app, selecting the option to add funds, and entering your debit card information. You can also visit a retail location that offers reload services for the prepaid card and use your debit card to add funds.

What is a prepaid check?

debit card

Can you track prepaid debit card?

I'm not sure about ALL prepaid debit cards, but I know that if you buy a prepaid debit card from NetSpend, you can easily track all your purchases (deductions) online at any time. Check out the link below for more details on prepaid debit cards.

Can you get a payday loan with a prepaid debit card?

No

How do prepaid debit cards work?

Prepaid debit cards are useful because they are not linked to an account. Therefore, if the card should be stolen from you, you do not have to worry about someone being able to get money out of your bank account. You only lose the money you have on the card.

How do you get a prepaid debit card?

With MasterCard you can get a prepaid debit card by purchasing it online or at a store. Then you call the phone number on the card packaging to activate it. When you purchase the card you can add funds to it. You can even have your paycheck deposited to the card.

Does visa offer a prepaid credit card?

Yes you can purchase a prepaid debit or credit card with the visa logo.

Can funds be added to your citibank prepaid debit visa card?

can funds be added to your prepaid debit visa account with a money loan?

What kind of card is a Towah MasterCard Prepaid Card?

It is a form of Debit Card, and NOT a Credit Card.

Do you need money on a prepaid debit card to buy things?

Yes, a prepaid debit card is not much different than a gift card, except you buy it for yourself instead of as a gift for someone else..

Can you get a cash loan with only a prepaid debit card?

yes

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