How Prepaid Cards Work

A prepaid card is a type of payment card that works like a debit or credit card, but it’s not linked to a checking account or a line of credit. Once your account is set up, you can fund the card and start making purchases, so long as you have a balance remaining on the card.

Users are able to load as much funds and as frequently as they would like – it is completely self-managed.

• No credit check needed, making it more accessible to individuals with credit concerns or no credit history.
• No interest charges or late fees.
• No overdraft fees.
• Safer alternative to credit cards or cash.
• Easily replaced if lost or stolen.
• Budget friendly – load only what you want to spend.
• Widely accepted by most merchants that accept debit or credit card.