There are many advantages, benefits and uses of prepaid credit cards. The key advantage is that prepaid cards are available to virtually everybody. So pretty much anyone can benefit from shopping in places they would ordinarily only be able to with a prepaid mastercard (we’re talking online or over the phone here), and those that don’t have access to a mainstream bank accounts, a prepaid credit card gives you the next best thing. So, whatever your circumstances, you can save money! Or spend more money in new places, but lets focus on the SAVINGS!

There are many other reasons for prepaid cards, even if the previous reasons don’t apply to you. We’ve summarised what we think are the main features, benefits and use on the following pages but the highlights are:

• Guaranteed acceptance.
• Safe and secure, Chip and PIN, no link to your bank account.
• Purchase protection and fraud protection with some prepaid cards.
• No links to your bank account and no paper trails.
• Credit building options.
• Money savings, when you don’t have to use things such as cheque cashers.
• Holiday money alternative, budgeting and use them everyday!

See the following to see how this all works, we’ve also told you the limitations to prepaid cards – no they are not perfect!

• Features & benefits of prepaid credit cards
• Uses of your prepaid mastercard
• Limitations of prepaid credit cards