Prepaid Visa Cards
If you are looking for a Prepaid Visa card then you have come to the right place. Money Pug can help you to search and compare all the companies who offer prepaid cards to help you find the one that is right for you. Most prepaid cards process transactions through either Mastercard or Visa – choosing which one you wish to go with is one of the decisions that you will have to make when selecting a prepaid card.
What is a Prepaid Visa Card?
A prepaid card is a card like a debit or credit card, but unlike a debit card, it does not take cash straight from your current account, and unlike a credit card, it does not involve borrowing any money. Instead, you can manage your finances by loading up a certain amount of money onto the card and thereby set a spending limit beyond which you will not be able to spend.
A prepaid Visa card is simply a prepaid card which uses the company Visa to process all the transactions. You can choose between cards which use Visa and cards which use Mastercard. There are usually few differences between cards of both types, though one difference is that the exchange rates when you use your prepaid card abroad can vary depending on whether you choose to go with Visa or Mastercard.
How to Choose a Prepaid Visa Card
Remember when choosing whether to go with a Visa or Mastercard prepaid card option that it is not those companies but rather the provider who will determine fees that will be charged and other elements of each deal.
When selecting a prepaid Visa card or a prepaid Mastercard, be sure to consider:
- How you will use the card, and how often. (This will determine which fees may be levied.)
- The fees charged by the card provider. (Be sure to read the small print.)
- Where you will use the card. (Will you be going abroad, for example.
- Whether you need a prepaid card for your business, or personal use.
- Whether you need to be 18 or over. (You do for some prepaid cards, though others can be obtained by those who are younger with parental permission.)
- Whether you need a joint prepaid Visa card or prepaid Mastercard.
These are some of the things to think about. It is especially important to consider the fees that apply to a prepaid card. This can generally have more of a bearing than which company, Visa or Mastercard, deals with the transactions on the card you are considering.
On this website you can find a wide range of prepaid Visa Card deals. Search and compare using Money Pug’s comparison service to make sure that you find the very best deal for your specific situation and needs and this could help you keep your finances on track and make sure that you do not get into debt or find yourself spending more than you should spend on a month to month basis.