A pre-paid card has the appearance of a credit card but is remarkable like a debit card. This card is loaded with your own money and there is no interest, unlike a credit card. There is also no credit connected to them. A debit card is a card you can deposit and withdraw your own money from. It is connected to your checking account and savings account. Both these cards have many similarities such as they do not require any credit checks, they do not help build any credit, and they can both be replenished. Although similar they also have several differences such as pre-paid cards do not require a bank, and pre-paid cards have no interest, but they do tend to have hidden fees. how do you reply to this post?

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I agree with your overview of prepaid cards and debit ... View the full answer