Prepaid debit cards can be an alternative for consumers who have trouble establishing or improving credit. Bankrate's Prepaid Debit Card Survey shows a. In a world where consumers are increasingly wary of credit even as they want the convenience of plastic, the idea of prepaid debit cards is. A prepaid debit card serves as either a replacement for a checking account or a budgeting tool — and the best give you convenient features. September 18, at 8: The best of these cards have other features, such as smartphone apps, savings accounts and rewards programs. The most convenient and cost effective is direct deposit of a paycheck or government benefits check. Bank Freedom dotcom is better then all of the ones listed above. If you're using the card for online payments, just enter your name as usual, and the card number. How this site works We think it's important you understand the strengths and limitations of the site. But another benefit of prepaid cards is that they don't require a credit check and, as a result, they are easier to get hold of than credit or debit cards. To open a savings account, you do need to be set up for direct deposit. Robert Roehm May 28, Experts Share Their 2 Cents 5 Reasons to Have Good Credit Are Student Credit Cards a Gateway to Debt Slavery? For more information and a complete list of our advertising partners, please check out our full Advertising Disclosure. This is a big advantage of prepaid cards. Pat, almost all reloadable cards charge this fee. Credit cards charge a hefty fee when cardholders exceed their credit limit. Or if they do, they have complaints and very low limits. Free in the UK, 2. I have a Q here. They can cancel the card and issue you a new one. Since traditional checking accounts almost always come with fewer fees and stipulations when compared to prepaid cards, you should always consider them first. THANKS and have a BLESSED DAY!