Summary: everyone can buy a prepaid visa gift card both for personal use and gifting purpose, discussed in this article is how to use the prepaid visa gift cards
Prepaid visa gift cards are different from debit cards and credit cards; it is the most convenient way of using money without the fear of interest or going short of money. The most important question that comes to your mind is where to buy these prepaid visa cards. For that you can go to any authentic retail store or through online depending on your requirement you can buy the card. By taking the personal information you will be given the prepaid card which is now due for the activation. Once you receive the card it must be activated following the mentioned steps on the brochure.
Difference between debit, credit and prepaid cards:
Many people get confused between debit cards, credit cards and prepaid cards. Prepaid cards are not linked to any particular checking account but instead it is loaded with balance of funds which gets deducted after every purchase. Whereas the credit cards offer you amount which you owe to the company and needs to be paid with the interest which gets added with the due date.
In my opinion the easy and convenient card is the prepaid gift card which allows the use of money in limits and also provides the same benefits.
Benefits of Prepaid Visa cards:
- Convenient to carry anywhere and will be free from fear of going cashless.
- Can be used in retail stores where the debit cards are accepted.
- These can be gifted to friends and relatives
- You can pay bills and make payments using the Prepaid visa gift card
- Easy to load the balance from the bank account for emergencies
- Can be used while shopping online as well.
- It can be reloaded for further use and purchase which is to be made within certain limits.
It is important to keep a check on the balance of the prepaid cards and reload it before planning for any kind of purchase. There are many ways where you can check the balance such as calling on the toll free number provided at the back of the card, through online website of the bank by providing few details and by going to the bank in person.
This way along with other cards even prepaid card solve the same purpose and need just that you will stay within your budget through these gift cards. There are many additional benefits at certain places provided for the prepaid gift card holders such as special discounts, coupons, etc. With all these facilities and hassle free shopping experience the prepaid visa cards makes a perfect gift especially for women who love to explore new things through shopping. For starting with the range can be in between 500 to 10000, which is the most common fund that is loaded in the cards.