Offering Prepaid Cards

Prepaid cards are credit cards with a difference.  They are more like debit cards, only prepaid credit cards will help your credit report.  There are numerous reasons to have prepaid credit cards.  The Escape MasterCard prepaid card is aimed at a particular group of people.  Ethnic minorities may need to send money back to their home country and the prepaid credit cards is one easy way to do this. Even if you go on Spanish websites such as solicitar tarjetas de credito.

The other option is the Neon MasterCard for 13 to 18 year olds.  Children are able to use the prepaid credit cards without the severe penalties.  It is also a better way for parents to keep track of their children’s spending.  Children often ask for cash to go spend, but what they spend it on is hard to say.  With a prepaid card parents can track just how much their child is spending. They can also help teach their children responsible monetary budgeting.  Phones 4U is one company offering these prepaid options.  Unfortunately there are a few charges to go with the cards, but nothing like the interest rates a regular credit card has.  O2 also has prepaid cards, but they are offing fee free cards at the moment.