Ask Question
BusinessBusiness
6 December, 15:12

Are prepaid card and prepaid debit card the same?

also, can I use a savings * or prepaid * card to order off of websites or pay with it in stores?

+5
Answers (1)
  1. 6 December, 15:28
    0
    Yes, both the prepaid card and the prepaid debit are the same.

    The person will use the savings to pay off to websites or to stores.

    Explanation:

    Prepaid debit card is the kind of card which can be repeatedly used, as long as the cardholder keeps adding or loaded the money into the card. It could carry a monthly fee.

    Whereas, Prepaid card is the one which is not associated with the bank account, in this card the cardholder spending the money which he or she already loaded onto the card

    Therefore, both are the same.

    The person will use the savings not the prepaid card while order from websites or to pay in stores as the prepaid card is like a gift card, in which is bought with money loaded onto it and the cardholder keeps adding the money whenever he or she wants. So, it cannot be used to pay for websites order.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Are prepaid card and prepaid debit card the same? also, can I use a savings * or prepaid * card to order off of websites or pay with it in ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Older people who live in communities that provide amenities such as housekeeping, dining facilities, and transportation services reside in
Answers (1)
What is the only state whose capital city begins with the letter "f"?
Answers (1)
What is the goal of a press release? A. Increasing the advertising budget B. Creating positive media attention C. Narrowing the target market D. Appealing to consumers' fears
Answers (1)
What is the name given to the model that computes the present value of a stock by dividing next year's annual dividend amount by the difference between the discount rate and the rate of change in the annual dividend amount? A. Stock pricing model B.
Answers (1)
An elderly physician has built up his own practice into a quite valuable business. Now that he is thinking of retiring, he wants to take on a partner to learn the business and eventually buy the practice in three years.
Answers (1)
New Questions in Business
An insured purchased an insurance policy 5 years ago. last year, she received a dividend check from the insurance company that was not taxable. this year, she did not receive a check from the insurer.
Answers (1)
An investor shorts 100 shares when the share price is $50 and closes out the position six months later when the share price is $43. The shares pay a dividend of $3 per share during the six months. What is the investor's profit or loss? a.
Answers (1)
Which term refers to the beginning of the constitution?
Answers (1)
The risks of a focus strategy include: a. decisions by focused competitors to use their resources to serve a wider range of customers' needs. b.
Answers (1)
Floyd Industries stock has a beta of 1.30. The company just paid a dividend of $.30, and the dividends are expected to grow at 4 percent per year. The expected return on the market is 13 percent, and Treasury bills are yielding 4.5 percent.
Answers (1)
Home » Business » Are prepaid card and prepaid debit card the same? also, can I use a savings * or prepaid * card to order off of websites or pay with it in stores?
Sign Up Forgot Password?