What is a Prepaid Card?

There is no need for a bank account to apply for a prepaid card. You can reload it with cash anytime whenever you need. These cards are issued by retailers and are available in different range according to the customer’s need.

As a credit card alternative prepaid cards are issued to the customers having poor credit history or no credit history.

You can even withdraw cash using a prepaid card at any ATM, not all the banks allow customers to withdraw cash but some banks allow cash withdrawal through prepaid cards.