Gone are days of Prepaid cards being a last option for consumers, they are now some of the most sought-after cards available to most consumers. What changed? First turbulent economic times have driven home the need to manage your finances closely, second technology has made prepaid cards as or more convenient than traditional cards and the millennial generation is doubly likely to favor them, with being raised using technology and less than ideal economic situations making prepaid cards easier to obtain and financially responsible.
Additionally, the newest prepaid cards are offered from major credit companies such as VISA and Mastercard, so they carry many of the same perks as credit cards from those companies and are accepted at tall the same places. Some cards are also in conjunction with companies such as Brinks and PayPal that include additional features specific to their businesses.
NetSpend® Visa® Prepaid Card
Perks:
- With Netspend Direct Deposit, you can get paid faster than a paper check
- No late fees or interest charges because this is not a credit card.
- Use the NetSpend Mobile App to manage your Card Account on the go enroll to get messages or
email alerts (Message & data rates may apply). - Card issued by MetaBank®, Member FDIC. Card may be used everywhere Visa Debit cards are
accepted. - See additional NetSpend ® Prepaid Visa ® details
Brink's Prepaid Mastercard®
Perks:
- Brink’s gives you the peace of mind you deserve. Securing cash and valuables since 1859.
- With Brink’s Direct Deposit, you can get paid faster * than a paper check.
- No late fees or interest charges because this is not a credit card.
- Use the Brink’s Money Prepaid Mobile App to manage your account on the go and get text message or
email alerts (Message & data rates may apply.) - *Card issued by Axos Bank®, Member FDIC. Card may be used everywhere Mastercard Debit cards are accepted. “Apply Now” for full details.
- See additional Brink’s Prepaid Mastercard® Details.
PayPal Prepaid Mastercard®
Perks:
- Move money from your PayPal account in real time.
- Take advantage of PayPal cash back rewards and earn on qualifying purchases from select
merchants. With Direct Deposit, you can get paid faster than a paper check. - Card issued by The Bancorp Bank, Member FDIC. Card may be used everywhere Debit Mastercard
is accepted. - Click PayPal Prepaid Mastercard® for additional features & program details, and to request a Card.
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Shaun is a credit card point hoarder who loves to fly for free on points from his 15 different credit cards. Shaun has been active in the online finance community for over 10 years promoting various credit cards, mortgage, and insurance-related products. Shaun serves as the editor of Dollar-Sense.com, and when he isn’t working he enjoys spending time with his family and playing golf.