User gets a prepaid card for themself or other family member (approval guaranteed). User adds spending money to the card. |
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User or other uses card
to buy office supplies, services, etc., at any merchant that accepts MC/VISA cards. |
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User can monitor
pre-paid account electronically for budgeting purposes. |
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User or other can reload the card with additional spending funds as needed. |
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Using pre-paid credit cards can protect the home equity line from mis-use and fraud since the money card is independent of the equity line. |
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Managing pre-paid cards can avoid cost overruns. They can help you budget monthly spending for other life needs such as food, gas, etc. |
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