123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Investing---Finance >> View Article

Making Sense Of International Prepaid Credit Cards And Online Prepaid Card

Profile Picture
By Author: Hilmi Raja
Total Articles: 14
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

In case you don’t know what prepaid cards are, here we go. They are plastic cards that look just like credit or debit cards. They have a card number, a chip and a signature strip. However unlike credit cards that are linked to your bank account, these cards rather allow you to spend money you have loaded in your card. This helps you stay in complete control. These International cards allow you to use your cards at millions of locations and withdraw cash from ATMs that display the logo of your card provider (example MasterCard and Visa). Reloadable cards allow you to fill in more money as and when you need. This eliminates the requirement of having new card from time to time.

Why should have International prepaid credit cards?

It is a good idea to take a credit card to fund your holidays. It is a much convenient way to pay and give you the same payment protection that you enjoy in the home country. But every good thing comes at a cost and with these cards; you got to pay the premium cost. For example if you are planning to use credit card abroad, be ready to pay supplementary charges such as foreign exchange ...
... fee and this might add up as much as 3% per transaction. This cost is going to be over and above what normally you would pay for owning credit card. You are going to face same kind of charges even if you plan to use your debit card.

The cost is going to pile up even more if you have any plans to withdraw travel money from a foreign ATMs using your debit or credit card that isn’t designed for overseas uses.

The real benefits of the International prepaid credit cards shine here. These cards are loaded with funds before you take off for the foreign land. These are attractive option. This also means that you don’t have to carry excessive amount of cash with you or even travelers cheques. These cards are also a cost effective alternative to using standard credit or debit card.

Many banks allow you to design and obtain an online prepaid card for their customers. These cards are great for online shopping and works similar to your Master or Visa Credit or Debit card. You just have to input card details similar to as what you would do with your master or debit card. When you use your online card, the money immediately gets deducted from your amount you have topped up in to your account and not from your bank account or from a line of credit as long as you have sufficient money in your account.

Advantages of Online prepaid card
• Easy top-up
• Funds transfer for your bank account
• Online through a bank account
• Standing order

Prepaid cards are seen today as modern day’s traveler’s cheque. This obviously is not a risk free way to carry money but obviously the safest way to carry money while traveling abroad.

This article is written by Hilmi Raja on behalf of card-dna; this is having topics on International prepaid credit cards, online prepaid card and many more. For more details visit: card-dna.biz

Total Views: 1165Word Count: 528See All articles From Author

Add Comment

Investing / Finance Articles

1. Top 5 Loan Secrets For Women Entrepreneurs
Author: Mpower Credcure Team

2. Mastering Currency Trading: Strategies For Profitable Returns
Author: hoardingonrent

3. Unlock The Secrets Of Itin Application: Your Guide To Obtaining An Itin Number For Non-us Citizens
Author: itin.support

4. Simplify Your Itin Application Process And Save With Our New Year Discount
Author: itin.support

5. Paystand Named Winner Of Fintech Breakthrough Award For Defi Innovation
Author: Orson Amiri

6. How To Sell Usdt In Dubai: A Comprehensive Guide
Author: cryptodubaiotc

7. Navigating The European Crypto Landscape: A Guide To Buying Usdt In Europe
Author: cryptoeuropeotc

8. Exploring The Rise Of Usdt Otc In Dubai: A Hub For Crypto Investors
Author: cryptodubaiotc

9. Explorez En Toute Sérénité Avec Un Guide Compétent : Voyage Privé En Inde
Author: Voyage en Inde en 2024

10. Mastering The Art Of Profitable Trading: Strategies And Tips
Author: hoardingonrent

11. Take Profit Order - A Quick Review And How It Works?
Author: Growlonix

12. Federal Interest Rate And Forex Market
Author: Shyamkumar

13. How Does A Loan Against Mutual Funds Help A Financial Emergency?
Author: Abhi

14. Crypto Trading Signals – A Better Opportunity To Trade Like A Pro In 2024
Author: Growlonix

15. How To Check Loans Using A Pan Card
Author: Loanswale

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: