As the credit crunch worsens and recession sets in, the popularity of prepaid cards continues to rise with good reason. Prepaid cards have many benefits which include:
- Easily Available - There are no credit checks and no bank account is required to get a Myprepaidcenter prepaid card which means you can get a card even if you have a poor credit history or CCJ's as long as you can confirm your identity and address.
- Stay in control and no debt risk - With a prepaid card, there is no risk of debt or overspending as there is no overdraft facility on a prepaid card and hence, they are an ideal way to budget for yourself or help to manage your children's spending.
- Excellent for Travel - Many providers offer dollar and Euro prepaid cards and an exchange rate which is much better that that typically available from high street bureau de change and FX providers. Add to that the convenience of being able to top-up your card online or at various other top up locations.
- Global Acceptance - Being MasterCard, Visa or Maestro branded, you can shop anywhere in the world where these scheme brands are accepted - on the Internet, over the phone and on the high street.