Help Desk FAQ

Debit Cards

Prepaid Cards

 

I have a checking account and a linked debit card. Do I need a prepaid card?

Probably not. Careful use of a debit card (avoiding overdraft penalties and ATM fees) will nearly always be less expensive than the same spending on a prepaid card. Prepaid cards can be a good solution for someone who is unable to get a checking account, but they cannot offer any advantages over an existing, checking account-linked debit card. And prepaid cards offer fewer protections than debit cards in the event of fraud or theft.
 
 
 
 

Quick Menu

Support Consumer Action

Support Consumer
Facebook FTwitter T

Consumer Help Desk

Advocacy