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Prepaid Credit Cards
Some credit cards offer what are known as “prepaid credit cards” which are perfect for people that have a habit of overspending with regular credit cards.
Prepaid credit cards function in much the same way as conventional credit cards, but unlike their counterparts you add or reload credit onto your card before you use it. In other words, you have to actually possess the money before you spend it.
I have two credit cards myself, and I use my prepaid card for regular everyday purchases. My other so-called “real” credit card I only use for more expensive or urgent purchases. It is like my “emergency back up” and having it there gives me peace of mind.
One great prepaid card product is the Impact Visa Card. Everyone is approved, you can pay your bills over the phone, and you have twenty-four hour access to cash through any ATM machine. Take a look at a few other prepaid cards, then decide which one is right for you.
