SuperMoney

Prepaid Debit Cards

Prepaid debit cards are a type of payment card that is not linked to a checking account. Instead, the cardholder loads money onto the card and then uses it to make purchases or withdraw cash from ATMs. Continue Reading Below  

Encyclopedia Articles

Discover the definition of financial terms related to prepaid debit cards.

About Prepaid Debit Cards

Prepaid debit cards are a type of payment card that is not linked to a checking account. Instead, the cardholder loads money onto the card and then uses it to make purchases or withdraw cash from ATMs. These cards can be a good option for people who do not have a bank account or who want to limit their spending, but they do not help the cardholder build credit.