A prepaid card is a type of payment card that is pre-loaded with a set amount of money. Prepaid cards are similar to debit cards, but they are not linked to a checking or savings account. Instead, the user loads money onto the card in advance, and then uses the card to make purchases or withdraw cash. Prepaid cards are often used by consumers who do not have a bank account, or who want a convenient and secure way to manage their money. Prepaid cards are available from a variety of issuers, and the specific features and fees of each card will vary. 

Prepaid Cards

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