Prepaid Credit Cards - Benefits and Detailed Descriptions
Credit Cards play a vital role in everydays life. Around 78% of Americans have Credit Cards. But a person with a bad credit couldn't get a Credit Card easily. There are a lot of formalities to apply for a credit card. Does this mean a person having a bad credit cannot apply for a credit card? He can, but there are lot of formalities. But it's easy for the person having bad credit to get a prepaid credit card.
There are number of prepaid credit card offers introduced by the worldwide banks. It's very easy for the person having bad credit to apply for a prepaid credit card. To get a prepaid credit card, the person needs to deposit some amount in to the credit card account, then only the card will be issued. It is almost same like a debit card. And there are no bills and interest cahrges. Initially there'll be fee to set up a account, the amount varies around $5 to $10 to set up a prepaid credit card account. There are hundreds of offers available in U.S. Lets see the detailed description and benefits about a few offers named as the best offers.
Johnny Cash™ Prepaid MasterCard® Card: This card comes with a slogan mentioning "If You Love Cash... You'll Love this Card! This card offers a $2500.00 Max Value and 100% approved. There are no employment required, no security deposit, No Credit Checks, No Turndowns and there is absolutely no annual fees.
The 20/20™ Prepaid MasterCard® Card: This card offers Guaranteed Approval, there are no Interest Charges or Overdraft Fees. Provides Budget Better - Avoid Debt option and the card member can use it at millions of locations & thousands of ATMs Worldwide.
The Vaya™ Prepaid MasterCard® Card: This card have some special advantages. lets see one by one. Provides guaranteed approval, there are no credit check, bank account or security deposit required, No interest charges or late fees and no check cashing fees. Provides Prepaid, with easy loading options, Free Direct Deposit and the card member can add cash instantly at thousands of retail locations. This card offers purchasing power at more than 32 million merchants worldwide, Cash Access at more than 900,000 ATMs and protected by MasterCard’s Zero Liability Policy.
Western Union® Prepaid MasterCard® Card: This card is named as Easy to get! Easy to use! No credit checks required, no lengthy application, a non-refundable $9.95 enrollment fee for the card and the applican don’t even need a bank account. The card member can shop wherever MasterCard debit cards are accepted, can access cash from participating ATMs, the card member can reload cash on his card at any of the 47,000 participating Western Union Agent locations in the U.S. The card member can directly deposit paycheck on the card and he'll get $4.95 waiver on his monthly account maintenance fee.
Baby Phat Prepaid Visa® RushCard: This card is simple and reasonable. There are no annual, monthly, or customer service fees. There is a One-time activation fee: $19.95 (so the card members don’t have to pay monthly fees that can cost $60 a year or more). There is fee per purchase: $1.00 (capped at $10 per month— additional purchases are free. ATM cash withdrawal fee: $1.95 (anywhere in the US)and the Inactivity fee is $2.95 (no loads, purchases, or ATM activity within 60 days).
Prepaid Visa® RushCard: There are no monthly, annual, or hidden fees. This card offer is created by philanthropist and entrepreneur Russell Simmons. Everyone is eligible to avail this card offer. There are no credit check or employment verification. Quick and easy application processing. Provides free money loading with direct deposit of pay or government benefits. Also provides free 24x7 customer service, activity status, & balance inquiries
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ABOUT THE AUTHOR
Jagan babu vasudevan is a Financial Functional Expert, researching about credit cards for more than 7 years and researching how to make credit cards work for the card holders.All new Credit Card offers available at,http://jaganbabuv.ecreditdirectory.com
All the new prepaid credit cards are available at,http://jaganbabuv.ecreditdirectory.com/categories/prepaid_credit_cards