Featured Prepaid Debit Card: Virgin Money Prepaid Travel Card - USD

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• Rated: 4.5 out of 5
• Intro APR: N/A*
• Representative APR: N/A*
• Annual Fee: N/A*
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- Safer than carrying cash
- More convenient than travellers cheques
- No commission fees
- No application fee
- Accepted in most countries around the world
- Free emergency card

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The Virgin Money Prepaid Travel USD Card is a card which operates like cash but has all the advantages of a credit card. Unlike cash it can be replaced if lost or stolen and comes with a free emergency card. There is no application or commission fee. Applying for the card is can be done online and with ease. Once approved, you will receive the card within 7 days. Read more...

Prepaid debit cards are often called prepaid credit cards even though no credit is offered by the card issuer. These cards provide a platform for card members to spend money they've deposited prior to a purchase. Prepaid cards come on the popular credit card networks (MasterCard, Visa, AMEX, and Discover) and consumers owning cards on these networks can perform transactions as though it were a credit card although purchase transactions are likely to incur a slight fee. Card members will incur a monthly service fee varying across different card products. Prepaid debit cards have a huge target market including young adults who want the freedom to purchase and receive funds without parental supervision. From a parent's perspective prepaid cards provide better ways to monitor spending with periodic account statements and online account management features.