What is a Prepaid Debit Card? (How Does It Work?)

What is a Prepaid Debit Card? (How Does It Work?). In this video, we're going to talk about a prepaid debit card.

What is a prepaid debit card?
A prepaid debit card is a mode of payment that you load money onto before use. You can only spend the amount of cash you have loaded onto the card and cannot go beyond the amount since it acts as your limit. Once the funds run out, the card stops working until it is loaded again with cash. Prepaid debit cards are bought at supermarkets, convenience stores, other retail outlets, some banks, or directly from the issuer.

►Disclaimer◄
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[Mark-djgm]

I watched another video that didnt even mentioning 'loading your card'. I said "where is the money?"

[EnlightenedCarnivore]

OK, So...Say I want to make a donation to a website like biglyBT. I get a prepaid debit card at some store or any bank? Then I use the #s on the card to transfer that money to a biglyBT account? And some sort of service-fee amount will be deducted first? 🤔 Is that how it works? 🙂

[Ultimaniacx]

Is it possible to load a prepaid visa using a gift visa?

[JoyAlex-spwz]

Can i receive money by prepaid debit card?

[Yuvanshh]

Can anyone suggest me some prepaid debit cards that can be re-loaded through ach transfers or check deposit?

[JoyAlex-spwz]

Can i withdraw money by prepaid debit card?