Prepaid HIGH RISK Credit Card

Prepaid credit-cards are just like any normal credit card. The only difference is in prepaid credit-cards you do not have credit line behind the plastic. Prepaid credit-cards have fixed money that you can make use of. Since, credit line is not present you need not be anxious with reference to paying any debt.   

These days, credit cards have become a basic need. Without using a credit-card it is impossible to make a large purchase, or reserve a room in a hotel. Many trades need clients having credit cards even if they are paying amount as check or cash. So what if you do not have credit or possess bad credit?   

Thereby, prepaid credit-cards are termed as “pay as you go” cards. These cards work in the same manner as that of traditional credit-cards. These prepaid cards do not involve borrowing or lending amount from issuer. It is important that you preload an amount in your credit-card thereby using it where MasterCard or Visa are accepted.

Interest chargers and late fees are not valid in case of prepaid cards. Just refill your credit card when your balance is depleted or low. Prepaid cards are like gift cards which are obtainable from most popular streets in UK. Prepaid cards are accepted worldwide and thereby these are used even internationally too.   

These prepaid cards are similar to normal credit cards but without any credit. In case of CCJs or bad credit also prepaid credit-cards can be approved. Prepaid Visa or MasterCard can be utilized similarly to any credit cards in order to purchase services and goods.

Using prepaid card does not bring you sleepless days since you load your money into your card and utilize them when necessary. You are indeed not lending amount from financial institution or a bank. Thereby, these cards work, feel, and look like normal credit cards but they are pre-funded cards. This permits you to spend how much is needed only and not more than that.

So, you would really make a right choice if you are moving on to opt for prepaid credit-cards. These cards are reloadable which can be utilized anywhere where MasterCard or Visa is accepted. This card is indeed great for emergency backup, special occasions, and everyday purchases.

There are many varieties of prepaid credit-cards. The popular brands are Discover, American Express, MasterCard, and Visa. For prepaid cards it is not necessary to have a bank account.

Prepaid credit-cards provide financial transaction facility which many people have been waiting for. But it must be noted that these cards do not provide credit. For beginners who opt to take credit-cards, prepaid credit-cards are excellent ways to guard oneself from illegal acts.   

You might come across many incidents where several people might have been cheated of their credit cards. This mainly happens for online credit-card users. Prepaid credit-cards are similar to paying cash the only difference is you need not carry cash wherever you go. Thereby, these cards are convenient and secure too which lowers stealing or theft cases.

Contact one of our helpful account representatives to assist you in the setup of a high risk merchant account or offshore merchant account for a high risk merchant.