Specialty Prepaid Cards and Perks

Prepaid cards are offered to customers with fair and poor credit and serve as a convenient non-credit payment solution. Gift cards are one option to give money to friends, relatives, and family. Customers choose from various store-value cards to keep expenses under control. Prepaid products are offered to start-ups and entrepreneurs, customers with tarnished credit, students, and frequent travelers. Issuers feature cards that are designed for college students, small businesses, and other customers.


Prepaid cards (http://prepaid-credit-cards.creditcardreview.ca/) feature quick approval and no income requirements, and borrowers with a history of distrainment of accounts, late payments, and personal bankruptcy meet the criteria. Issuers require information such as tax ID or SIN, personal information, and more . Customers specify whether they apply for a business or personal prepaid card and choose language and currency.

Cards with Special Features

Issuers offer different prepaid options, including incentive cards, payroll cards, and general purpose cards. These cards can be used at restaurants, clothing stores, supermarkets, and online. Issuers offer both standard and specialty cards that can be funded automatically. Issuers offer prepaid cards with online bill pay, high cash deposit limits, and bonus points. Financial institutions offer open-network cards with consumer incentives and travel benefits, including the option to load different currencies. Issuers also offer rewards points that go toward fuel savings. Some issuers also offer cashback prepaid cards with shopping discounts, cash rebates, and other bonuses. Some cards are disposable and work like gift vouchers while others earn rewards. Users can exchange their points for merchandise, including fashion and clothing, electronics, games, and other items. There are different categories to choose from, including special offers, personal care, home d├ęcor, and others. Prepaid cards are great for dining and shopping, paying phone and other bills, and gas. Some cards also feature mobile apps to pay rent and utilities and transfer funds.

Finance Charges

Cardholders pay different fees, including account history fees, additional card issuance fees, and others. Some issuers also charge higher international ATM withdrawal fees. Some financial establishments charge fees for remote deposit capture. Some cards go with high transaction, monthly, and activation fees, one-time purchase, and cash withdrawal fees and should be avoided.