Have you ever used a prepaid card? If not, then you may be unsure as to exactly why a person would want to use one.
There are many benefits to using a prepaid card, and that is why there are so many coming out right now. By using a prepaid card, a person may be able to manage their budget better because they can only spend the money that is on their prepaid card.
This is much better than a credit card because there is no credit line that you have access to. Once you spend all the money on your card, you simply cannot use it anymore.
Another positive is that you can load your prepaid card with the exact amount of money you need, so if you are traveling overseas then you can bring just the amount of money that you need, still receive fraud protection, but also not have all of the money in your bank account at risk.
With all of the above being said, you can probably understand why I wanted to review the Kaiku Visa Prepaid Card. Prepaid cards are becoming more and more popular in the financial world and I wanted everyone to know all about one that I believe is possibly the best. Instead of wasting your time on prepaid cards that are no good, I definitely recommend that you check out the Kaiku Visa Prepaid Card.
Here is everything you need to know about the Kaiku Visa Prepaid Card:
- There are over 55,000 surcharge-free ATMs you can use.
- You can use your card just like any other card. Pay your bills online, buy things from online and offline stores, load money onto it, and more.
- Your credit score will not be impacted by the card, but that also means that having the card won't help to increase your credit score either.
- There is a $3 monthly fee. Kaiku recently revised this though. It is now $0 a month when card users load $750 a month via direct deposit. Without direct deposit, the monthly fee is $3.
What do you think of prepaid cards?