Stored Value Credit Cards

Prepaid or "Stored Value" cards are not credit cards, they are just used like credit cards:
They carry a MasterCard® or Visa® logo and can be used wherever credit cards are accepted. The major advantage of a prepaid card is its lack of finance charges. Also, it is impossible to run up a large debt on them, since all purchases are paid in advance. With prepaid cards you can set your own credit line (the issuing bank may set a limit too). Basically, a cardholder's credit line is equal to the money he or she transfers to the card. Most prepaid cards do not charge finance fees but numerous other fees may apply including: monthly fees, application fees, over the limit fees, ATM fees, and more. Please, check their fee schedules before applying.

Card Lab Custom Visa Gift Card

The Customized Visa Gift Card Perfect for any occasion or holiday - makes the impersonal gift personal again Upload your own photo or choose one from our huge design gallery Customize your card with an embossed message Cards are available in denomination of $10 to $250 and are accepted anywhere Visa debit cards are accepted Online access lets you easily check your balance and transactions Cards are only $5.95 and are delivered in 5 to 10 business days *See web site for details. Get More Info         Apply

All-Access® Visa® Prepaid Card

Annual Fee: $0.00 or $69.95* Monthly Fee: $0 or $9.95*

Choice of Flat-fee or Pay-as-you-go Fee Plans. No upfront costs No hassle Multiple cards Free direct deposit Flexible fee plans* Access to cash *See web site for Features & Fees. Get More Info         Apply

BuyRIGHT Prepaid MasterCard®

Monthly Fee: $0-$4.95

BuyRIGHT is RIGHT for you! Click-N-Pay bill payment Free direct deposit Free activity alerts On-line money management tools BuyRIGHT Rewards program No Credit Checks No Employment Verification No Monthly or Annual Fee Option Free BuyRIGHT Marketplace Membership Get More Info         Apply

Western Union® Prepaid MasterCard®

Monthly Fee: $4.95

Credit problem? No problem! Carry your money safely and conveniently. Shop online anywhere MasterCard debit cards are accepted. Check your Card balance anytime online or over the phone. Reload your Card at any participating Western Union Agent location in the United States. No credit checks! No lengthy applications! Shop wherever MasterCard debit cards are accepted — even online Efficiently manage your money and pay bills because you control how much you put on the Card. Easy to Get, Easy to Use The power of cash. The convenience of plastic. Get More Info         Apply

Wired Plastic™ Prepaid Visa® Card

Annual Fee: None* Monthly Fee: $3.95

Guaranteed Approval*. Earn Reward Points on Every Purchase. Receive your new Visa® card in as little as 3 days No Upfront Payment Required Overdraft Safety Program Rewards Program Integrated Bill Pay Service Convenient Loading Options *See Terms and Conditions. Get More Info         Apply

AccountNow™ Vantage Debit MasterCard®

Monthly Fee: $4.95 (Plus Plan)

Get the perfect alternative to a bank account! Instant Guaranteed Approval* - no credit check, no security deposit $0 ACTIVATION FEE - when you load your card by direct deposit Free Direct Deposit - no more check cashing fees Free Online Bill Pay - no need for expensive money orders Free Credit Builder? - bill pay transactions are reported to PRBC® No Overdraft Fees - no minimum balance required iAdvance loan option, no credit check needed.* Reloadable - $10,000 balance limit *See web site for Features & Fees. Get More Info         Apply

A Stored Value Card is a magnetic-stripe plastic card that is issued by a bank. The "open loop" stored value cards are issued with card association branding, like Visa® or MasterCard®, and can be used anywhere the association brand (i.e., Visa®), is accepted. Examples of open loop stored value cards include gift cards, payroll cards and teen cards. "Closed loop" stored value cards are issued by a specific merchant or merchant group (i.e., a shopping mall) and can only be used at that specific merchant or merchant group. Examples of closed loop stored value cards include store cards, mall cards and gift certificates. Both open loop and closed loop stored value cards utilize existing processing networks. Consumers can spend up to the value loaded on the card, and can reload the card at anytime or dispose of it when the funds are depleted. The Stored Value Card is usually NOT imprinted with the customer's name, only the account number. The Stored Value Card utilizes encrypted communications and electronic banking protocols to create a secure solution for the cardholder and the merchants. As with a credit or debit card, holders of Stored Value Cards are able to purchase goods and services from participating on-line merchants as well as all PIN based POS systems. As with traditional credit, debit and ATM cards, holders of open loop Stored Value Cards are able to withdraw cash from all ATM machines. Unlike traditional credit, debit, or ATM cards, Stored Value Card holders can obtain a card without regard to their credit history, ability to open a bank account or the balance in an existing bank account. Unlike traditional bank tied credit, debit or ATM cards, Stored Value Card holders can usually fund their card by using Western Union®, MoneyGram®, ACH, Bank Wire or other Credit Cards.