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Top Prepaid Credit & Debit Cards

Prepaid cards may be a good alternative for people with no credit history or those without a banking relationship. These cards allow consumers to spend only the amount you have already deposited into your account. Each card below contains our editor’s rating and objective opinion. Most of the credit card offers shown below are from our advertising partners, however LowCards editors have reviewed each of the features and benefits of the cards below and sorted them in order of our editor’s opinion:

Prepaid cards can be thought of as a debit style card. They are designed for individuals who often do not have an existing banking relationship and do not already have a debit card. Prepaid cards allow you access to a specific amount of money which is prepaid onto the card. These cards differ from secured cards as they generally are not considered "credit cards" and generally do not report to the major credit bureaus. These cards, however, are a good way to save on interest and fees as they generally have far lower fees (or some even have no fees) and interest when compared with a secured credit card. These cards are a good alternative for those looking for a credit card who do not already have a debit card or banking relationship. The cons of a prepaid card are that they generally don't report ot the major credit bureaus so they don't help you build your credit and you are limited to the amount of spending that you prepay onto the card.
If you are simply looking for a credit card to be able to make online purchases and simplify your transactions, a prepaid card might be right for you. Generally, individuals who get a prepaid card have limited, poor, or no credit profiles and don't quality for other credit card offers. Prepaid cards are most often compared to secured cards.
To maximize the benefits of your prepaid credit card, choose a card with the lowest fee structure and highest perks. LowCards lists the best prepaid card offers in one spot so it is fast and easy to compare the different perks and benefits of the cards.
 

NetSpend® Visa® Prepaid Card

EDITOR RATING
Applying for this card will securely direct you to the issuer's website.

NetSpend® Visa® Prepaid Card

Best Card Features:

No late fees or interest charges because this is not a credit card it is a prepaid card.

With Netspend Direct Deposit, you can get paid faster than a
paper check.
• No late fees or interest charges because this is not a credit card.
• Use the NetSpend Mobile App to manage your account on the go
and get text message or email alerts (Message & data rates may
apply).

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REGULAR APR

See website for Details*

INTRO APR

See website for Details*

ANNUAL FEE

See website for Details*

None/Limited Credit

cdm-card

Recommended For: None/Limited Credit

Netspend® All-Access ® Account by MetaBank®

EDITOR RATING
Applying for this card will securely direct you to the issuer's website.

Netspend® All-Access ® Account by MetaBank®

Best Card Features:

No minimum balance requirement. Get paid faster.

  • Welcome to Banking made better! The All-Access Account. Banking with no minimum balance required to open an Account.
  • Get paid faster than a paper check with direct deposit.
  • The All-Access Account has the benefits you get from a bank and more. You’ll get access to a feature-filled Account, online banking, and our convenient Mobile App. (Message & Data rates may apply).

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REGULAR APR

See website for Details*

INTRO APR

See website for Details*

ANNUAL FEE

See website for Details*

Bad Credit

cdm-card

Recommended For: Bad Credit

PayPal Prepaid Mastercard®

EDITOR RATING
Applying for this card will securely direct you to the issuer's website.

PayPal Prepaid Mastercard®

Best Card Features:

No late fees or interest rates; move money from your PayPal account to fund your prepaid card

  • Move money from your PayPal account to fund your prepaid card account.
  • Earn cash back and personalized offers, just for using your card.
  • With Direct Deposit, you can get paid faster than a paper check.

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REGULAR APR

See website for Details*

INTRO APR

See website for Details*

ANNUAL FEE

See website for Details*

Bad Credit

cdm-card

Recommended For: Bad Credit

Control ™ Prepaid Mastercard®

EDITOR RATING
Applying for this card will securely direct you to the issuer's website.

Control ™ Prepaid Mastercard®

Best Card Features:

No Late Fees or Interest Charges

  • Power. Confidence. Control. It’s more than just a prepaid card. It can be the difference between getting by and getting ahead!
  • With Direct Deposit, you can get paid faster than a paper check.
  • No late fees or interest charges because this is not a credit card. Card issued by MetaBank®, Member FDIC. Card may be used everywhere Debit Mastercard is accepted. Click “Apply Now” for full details.

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REGULAR APR

See website for Details*

INTRO APR

See website for Details*

ANNUAL FEE

See website for Details*

Bad Credit

cdm-card

Recommended For: Bad Credit

Netspend® Prepaid Mastercard®, now a WWE partner®

EDITOR RATING
Applying for this card will securely direct you to the issuer's website.

Netspend® Prepaid Mastercard®, now a WWE partner®

Best Card Features:

No Late Fees or Interest Charges

  • Pay everywhere Debit Mastercard is accepted.
  • With Direct Deposit, you can get paid faster than a paper check.
  • No overdraft fees on Card purchases.

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REGULAR APR

See website for Details*

INTRO APR

See website for Details*

ANNUAL FEE

See website for Details*

Bad Credit

cdm-card

Recommended For: Bad Credit

Netspend® Prepaid Mastercard® – Proud Partner of MLB®

EDITOR RATING
Applying for this card will securely direct you to the issuer's website.

Netspend® Prepaid Mastercard® – Proud Partner of MLB®

Best Card Features:

No late fees or interest rates; shows support for your favorite major league baseball team

  • Show support for your team with your team-branded Netspend® Prepaid Mastercard® each time you use your Card.
  • With Netspend Direct Deposit, you can get paid faster than a paper check.
  • No late fees or interest charges because this is not a credit card.

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REGULAR APR

See website for Details*

INTRO APR

See website for Details*

ANNUAL FEE

See website for Details*

Bad Credit

cdm-card

Recommended For: Bad Credit

Brink’s® Prepaid Mastercard®

EDITOR RATING
Applying for this card will securely direct you to the issuer's website.

Brink’s® Prepaid Mastercard®

Best Card Features:

No Late Fees or Interest Rates

  • Brink’s gives you the peace of mind you deserve. Securing cash and valuables since 1859.
  • With Brink’s Direct Deposit, you can get paid faster than a paper check.
  • No late fees or interest charges because this is not a credit card.

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REGULAR APR

See website for Details*

INTRO APR

See website for Details*

ANNUAL FEE

See website for Details*

Bad Credit

cdm-card

Recommended For: Bad Credit

More Information About Prepaid Cards

Most everyone with a banking relationship or checking account has a debit card.  In the event you do not have a checking account or bank, banks offer prepaid cards as an alternative.  A prepaid card is a card which is “pre-paid’ with a set balance which is then able to be utilized each month for purchases.  When the money runs out, your card will stop working and needs to be reloaded.

Prepaid cards are different than most credit cards as most prepaid cards don’t have a credit limit, APR, or other credit card associated fees because they behave more like a debit card, charging off of a prepaid balance on the card.

Prepaid cards are also great for those with limited, poor, or no credit profiles.  However if you fall in these categories, we recommend also considering a secured card, as a secured card will usually report to the major credit bureaus and help you improve your credit profile over time with responsible use.

Can Anyone Get A Prepaid Card?

Every bank will have different requirements and limitations, however since a prepaid card is paid upfront, these are generally much less strict than other types of credit card offers.  In general, almost anyone is eligible for a prepaid card, however it is important to read the exact terms and requirements outlined on the issuer’s website.

How Can A Prepaid Card Get Me Paid Faster?

If you currently are paid by check, it can take time for your paycheck to get to you and get cashed.  Additionally, depending on how you cash your paycheck, you may be paying additional check cashing fees.  Many prepaid card offers will enable you to setup direct deposit of your paycheck, so your paycheck goes right onto your prepaid card, making your funds available to you faster and easier.

Do Prepaid Cards Have A Lot Of Fees?

Most prepaid cards don’t charge any interest fees since they are prepaid, which is generally the largest fee associated with a credit card.  In general, prepaid cards will have less fees than secured cards or other cards designed for those with bad credit profiles.

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LowCards.com is an independent, for-profit website. LowCards.com participates in a paid affiliate network and receives compensation from most of the credit card issuers whose offers appear on the site. This compensation helps support our website and enables us to write insightful articles to help you manage your credit card accounts. This compensation, as well as the likelihood of applicants’ credit approval and our own proprietary website guidelines, may impact how and where the cards appear on our site.

LowCards.com does not include all credit card companies or every available credit card offer. Opinions expressed here are author’s alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. Every reasonable effort has been made to maintain accurate information, however credit card offers change frequently. After you click on an offer you will be directed to the credit card issuer’s secure web site where you can review the terms and conditions for your offer.

In some cases, LowCards has partnered with CardRatings for our coverage of credit card products. LowCards and CardRatings may receive a commission from card issuers.