so what is the difference? cheesy details i know but i%26#039;m in a hurry. thanks btw.
What is the difference between prepaid credit cards and debit cards?
A prepaid card, you put money into it, when it is gone, it is gone. Oh, but they charge you money to keep it going a long time, so if you do not use it, it will all go away anyway.
A debit card is attached to your bank account. If you have money in your account, you can keep going. Oh, if you go too far, the bank will charge you overdraft fees, so you will lose even more money.
What is the difference between prepaid credit cards and debit cards?
prepaid is just that you pay to have money on the card debit is a bank card about the same differant company... id go with a bank card
What is the difference between prepaid credit cards and debit cards?
Prepaid credit cards are like gift cards. You put money on the card and when the money is gone, you can%26#039;t use the card until you put more money on it. Prepaid credit cards normally have fees for putting money onto the card and some kind of monthly fee.
Debit cards are attached to your bank account. There aren%26#039;t any additional fees. When you use the debit card, the money comes from your bank account. However, it is not always immediately processed. Sometimes it takes several days for the transaction to post to your bank account.
Debit transactions may go thru even if you don%26#039;t have enough money in your bank account and you could rack up overdraft fees if you don%26#039;t maintain a check register showing all your check and debit transactions.
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