prepaid debit
Preloaded spending card
A prepaid debit card is loaded with funds in advance rather than drawing from a bank account or credit line.
You spend only what you've deposited: I put $200 on a prepaid debit for travel expenses.
Often used for budgeting, giving to teenagers, or by those without traditional bank accounts.
Unlike credit cards, there's no borrowing involved.
- cardStiff paper rectangle
- gift cardPrepaid retail currency
- reloadableCapable of being restocked
- balanceSteadiness or amount owed
- swipeQuick sliding motion
PIN · visa · plastic · mobile wallet · spending · budget · online shopping · cash back · gift · teen · allowance · unbanked · checking account · payroll · direct deposit · ATM · funds · activate
prepaid debitcredit card
Borrowed-funds payment tool
credit line · revolving credit · charge card · buy now pay later · postpaid
prepaid debitcash
Ready spending funds
currency · check · wire transfer · bank draft · money order
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