What Is A Prepaid Debit Card?

What is a prepaid debit card? How exactly are prepaid debit cards different from regular debit cards from the bank?

Credit card gift cards purchased from retail stores get discarded once you spend all the money. Prepaid debit cards are NOTHING like those credit card gift cards. Prepaid debit cards are re-loadable, which means you can keep adding money to them any time.

These cards are like regular debit cards from the bank, without any checking account tied to them. In this video, I explain exactly what these re-loadable prepaid cards are, how they work, and where to get them. I compare their similarities and differences to regular debit cards. If you are looking for an alternative to a checking account from the bank, then watch the whole video to learn more.

✦✦✦TIME STAMPS✦✦✦
00:00 What Is A Prepaid Debit Card?
02:10 Similarities With Regular Debit Cards
03:48 Differences From Regular Debit Cards
04:33 People Who Don’t Have Bank Accounts

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