Prepaid Debit Card or Credit Card – Which One to Choose and Why Prepaid debit cards have a lot more advantages over credit cards, as well as some limitations too. Both of them are "plastics” that let you purchase whatever you want to. The transactions made via prepaid debit cards are very safe and convenient, as there is no need of carrying cash with you. Both the cards are widely accepted all across the globe by online stores, restaurants, and other shopping stores. The main difference between these two is that using a credit card is a form of borrowing for paying, whereas with a debit card, it’s your own money that you spend which is deposited to your card's account. Therefore, you have "prepaid” for your purchase, be it shopping, travelling or paying your own bills. What Debit Cards can do, but Credit Cards Cannot? Debit cards let you deposit your own money into an account and spend whenever and wherever you feel like. On the other hand, in the credit card, you cannot deposit any sort of money in your account, you can only use credit and then pay a bill at the end of a month. In addition, for purchasing a credit card, you need to show that your income is beyond initial collateral deposit, so that you can develop a good payment history. In debit cards, there are so issues of showing your income statements. You can even set up a direct deposit to your debit card for all or part of your benefit payments. However, you need to take care of some MasterCard prepaid debit cards regulations before buying one. Therefore, if you want to buy one prepaid debit card for yourself, then CARDDNA is the perfect option for you. Prepaid Debit Card - Why You Should Have It? There are a plenty of benefits of using a prepaid debit card, but let us discuss some of the important reasons as to why you should have one of these cards in your wallet.
Keeps You Protected During Travel
As you know, carrying cash while travelling to another country is not the best suited option. You are not only putting yourself at risk but keeping yourself in a lot of tension too. Therefore, carrying a prepaid debit card not only keeps you free from risk but only tensionfree. Prepaid debit cards are not connected to credit or bank accounts, so even if they are lost or stolen, you don't have to worry about losing all of your money or about misuse of your card. CARDDNA has 24*7 customers care support, in case your card gets lost or stolen, you can call them up and get your card blocked.
Preventing Identify Theft
There are chances of identify thefts, as many savvy customers are not aware of such risks and tend you use their card anywhere. Therefore, you need to plan a better strategy and take care of MasterCard prepaid debit card regulations, and then use your debit card in case of emergency backup because its data and funds are much less accessible to thieves and hackers.
Therefore, if you want to purchase a prepaid debit card; go for CARDDNA as Alexa.com has also given them high ranking for their unconditional support and hard work towards their customers. This article is written by Hilmi Raja on behalf of card-dna; this is having topics on MasterCard prepaid debit cards and many more. For more details visit: card-dna.biz