ADVERTISEMENT

Prepaid Credit Card: Interest Free but Loaded with Fees

Credit Card or Debit Card?


What is in a name? A reloadable or prepaid card looks like your credit card or debit card. The difference between a prepaid card and a credit card is that you are limited by money you load on your card. The big draw to the reloadable and prepaid cards is that, unlike credit cards, there is no interest charged for using these products.


In place of interest charges, however, they charge fees, fees, and more fees. Before you consider a reloadable or prepaid card do your homework and read the terms of the card. The money that you save could be your own.


Small sample of fees:

monthly fee, fee to add money to your card, fee to use your card, fee to check the balance on your card...




Lucille Tyler Baldwin

Author of "Sick and Tired of Being Broke"

http://www.thejourneytowealth.blogspot.com/

Views: 11

Comment

You need to be a member of Mom Bloggers Club to add comments!

Join Mom Bloggers Club

ADVERTISEMENT

ADVERTISEMENT

Advertisement

MBC CUTIES

Our current cutie was uploaded by Stephanie WentworthUpload a photo of your cutie. They may be featured here. See all of the cuties.

Our Latest Food, Travel & Lifestyle Posts

Save Money on Event Planning

Whether we like it or not, we will all at one point have to wear the event planning cap. Why is that? Because we are human, and along with our humanity come life celebrations: baby showers, weddings, graduations, anniversaries, retirements, funerals, and the list goes on and on. I'm sure that I don't…

Spa Treatments to Rejuvenate Your Body and Mind

After a busy week, when you wish to just relax and unwind in a peaceful setting, your best option is a spa treatment. Spas are a common weekend plan and there are an overwhelming number of options you can choose from. There are facilities directed towards providing beauty treatments, those that offer medical…

Advertisement

ADVERTISEMENT

ADVERTISE

© 2016   Created by Mom Bloggers Club.   Powered by

Badges  |  Report an Issue  |  Terms of Service