When it comes to how one saves, protects, and distributes their money, we are pretty lucky to have a variety of options in this era. Many individuals have trust issues when it comes to traditional banking institution's debit and credit card programs. One of the most trying times in recent years is the economic collapse of 2008. With this still fresh in mind (in addition to the recovery process) citizens lost all trust in the American banking institutions.
Nonetheless, through progression in society and tending to options that can benefit everyone, prepaid credit cards are great alternatives for individuals. Today we are going to share with you a few options that you can take into consideration.
One of the most popular options that millions of individuals use on a daily basis is PayPal. PayPal is highly beneficial for individuals for a variety of reasons. To start off, their customer service is absolutely amazing and dependable. Also, it is fairly easy to setup a PayPal account online and receive your card in the mail within one or two weeks at the latest.
The website system displays all of the information you will need to stay updated on your own account. Another major benefit is being able to setup direct deposit on your prepaid credit card in the same manner you would with a regular bank.
While slightly underrated, Netspend is also another great alternative. This will be a great option for individuals that may be transitioning from regular credit cards to prepaid credit cards. One of the major pros to Netspend is your limits. Unlike some alternatives, your limit for daily (24 hours) purchase transactions and over-the-counter cash back withdrawals is $4,999.99. If you know for a fact that you will need to spend an excess amount of money on a routine daily basis, this is the best option for you.
Payoneer is a great mix between PayPal and Netspend with a unique attribute that the others do not have. If you are an individual that works for yourself and get paid by individuals/companies from different countries, Payoneer is for you. Not only is this alternative beneficial for collecting income from outside of the country, but you can also keep track of currency exchange rates/money as well easily with Payoneer.
Using alternatives to prepaid credit cards can save you time, headaches, and most important unnecessary fees. The alternatives given are among the most popular used today, but new ones are popping up so do your research.
We'd like to thank Wyoming paystubs for this article on alternatives to prepaid credit cards. With no software to download, no templates to fill in, and no calculations to perform, say "yes" to your instant Wyoming pay stub employment verification!
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