Prepaid Card

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Prepaid Card

The perfect occasion needs a perfect gift and nothing matches the convenience of gifting your loved one a prepaid card using which they can buy whatever they want.A prepaid card is just like a credit or a debit card in the way it looks. Prepaid Card has a card number, a company that issues it and even the signature strip. But the similarities almost end here and the differences begin; the first of the differences being that it comes pre-loaded with money. A prepaid card cannot be used as a credit card as it has to be preloaded with money and only the amount loaded can be spent. It is different from a debit card as it is not linked to any bank account and overdraft facilities are hence not available with these cards. Benefits of pre-paid cards:

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