Can You Get Burned by Prepaid Credit Cards? | DFI30

Can You Get Burned by Prepaid Credit Cards? | DFI30 | Ep. 375 If you don’t qualify for a regular credit card or don’t want one, but still need to make credit purchases, a good option may be to use a prepaid credit card. But are prepaid cards entirely safe? Can you ever get into money problems with them? On today’s podcast, Diane Cunha, a certified credit counsellor, breaks down how prepaid cards work, how they differ from regular credit cards, whether they’ll help your credit, the pros and cons of using them and potential pitfalls. Tune in for lots of practical advice!
Links:
KOHO Card: www.hoyes.com/...
Fresh Start to Banking after Insolvency: www.hoyes.com/...
#PrepaidCreditCards #CreditCards #Alternative #PrepaidVisa #PrepaidMastercard #Credit #DFI30
prepaid mastercard secured credit free prepaid credit cards best prepaid debit cards american express

[@MinnieOnCam]

You can buy Netflix with gift cards or use a bank visa debit or mastercard debit card or pre-paid

[@paulslevin610]

Debit card does all those things reguardless of your credit history. I pay bills online over the phone - book a flight or a room with my visa debit no one has ever asked me what my credit score was like.

[@bumblbesss]

so you would have to spend 1k in a year to gain back your $84 that means you have to spend 2k to earn $100 but you have to keep pre-loading and all that time-consuming crap. Cash and gift cards are the way to go!!! but man they want a debit card for any kind of sign up just ridiculous. That is so companies can keep charging you if you forget you even have the service.

[@theforeignerinamerica1817]

I don’t use prepaid anything. I use my credit card and pay it back in full. Get points and use them as I wish.

[@paulslevin610]

Debt slavery- why use your master card and prove it. I burned my masters cards