Many people dislike credit cards because it is too easy to overspend. You’ve got to deal with high-interest rates, having to pay only the minimum when you overspend or risk lowering your credit score when you go over your limit. Many people also have poor credit, which means they can’t access traditional credit cards. As an alternative, you may want to consider Visa debit cards. However, you should focus on all-access pre-paid ones so that you can use them anywhere that Visa is accepted without fear of overspending.
Choose the Amount
The goal here is not to overspend, and when you choose a pre-paid card, you cannot spend more than what you put on it. Therefore, if you only have $100 that is all that you can spend on that card. When the money is gone, you get a notification telling you to put more money on the card, or you can’t use it to pay for online shopping or bills.
As long as the company you’re shopping at accepts Visa, they are going to accept your card. It doesn’t matter that you put the money on it yourself or that you have a limit; if there is money on the card, you can use it to shop or make payments.
Most people worry about shopping online with a credit card because if someone gets your information, they could wrack up charges for which you may be liable. With a pre-paid card, you don’t have to worry. You can choose to put just what you need on it to buy what you want. If someone does get the information, they can’t spend money that isn’t there.
Visa debit cards work similarly to credit cards. However, the all-access pre-paid ones from West Suburban Currency Exchange, Inc. allow you to have total control. Visit them at www.wsce.com/pre-paid-visa-debit-cards/ for more information.