Comments on: Prepaid Cards: Pros and Cons http://www.onemint.com/2009/04/27/prepaid-cards-pros-and-cons/ Helps You Make Better Financial Decisions Sat, 11 Feb 2012 17:32:04 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: terry t http://www.onemint.com/2009/04/27/prepaid-cards-pros-and-cons/comment-page-1/#comment-58625 terry t Thu, 18 Feb 2010 16:16:21 +0000 http://www.onemint.com/?p=1467#comment-58625 another con left out of the equation is that these pre-paid debit cards have a 10,000 max. if you're salery one day succeeds that then you are stuck. not everyone using these cards are poor and ignorant idiots. most of the pros benefit the company profit bacause saving totally comes from the individual's mindset. another con left out of the equation is that these pre-paid debit cards have a 10,000 max. if you’re salery one day succeeds that then you are stuck. not everyone using these cards are poor and ignorant idiots. most of the pros benefit the company profit bacause saving totally comes from the individual’s mindset.

]]> By: Kim_Mango http://www.onemint.com/2009/04/27/prepaid-cards-pros-and-cons/comment-page-1/#comment-49566 Kim_Mango Sat, 26 Dec 2009 20:46:29 +0000 http://www.onemint.com/?p=1467#comment-49566 As a freelance writer for a prepaid debit card called, Mango Money, I can tell you that not all prepaid cards charge the same way. For example, with Mango Money, if you load $500 a month on the card, there are no reloading fees. If you refer-a-friend to get their own card you can actually make $4 bucks. Here are the details: https://www.mangomoney.com/jsp/mango/Referral_Card.pdf Of course there are fees so be a smart shopper and compare all the fees before you choose the company that will service you. As a freelance writer for a prepaid debit card called, Mango Money, I can tell you that not all prepaid cards charge the same way.

For example, with Mango Money, if you load $500 a month on the card, there are no reloading fees. If you refer-a-friend to get their own card you can actually make $4 bucks. Here are the details:

https://www.mangomoney.com/jsp/mango/Referral_Card.pdf

Of course there are fees so be a smart shopper and compare all the fees before you choose the company that will service you.

]]> By: Prepaid Card User http://www.onemint.com/2009/04/27/prepaid-cards-pros-and-cons/comment-page-1/#comment-39609 Prepaid Card User Fri, 16 Oct 2009 17:24:13 +0000 http://www.onemint.com/?p=1467#comment-39609 Great outline of the pros/cons of prepaid cards. For me, I feel the pros outweigh the cons. With a prepaid card you have added security (should only have a minimal balance), you can buy things online, use PayPal, get gas, even rent cars. I can do everything I need to with mine and never have to worry about over spending like I did with credit cards. Prepaid cards are also great for money management. Great outline of the pros/cons of prepaid cards. For me, I feel the pros outweigh the cons. With a prepaid card you have added security (should only have a minimal balance), you can buy things online, use PayPal, get gas, even rent cars. I can do everything I need to with mine and never have to worry about over spending like I did with credit cards. Prepaid cards are also great for money management.

]]> By: Yoram http://www.onemint.com/2009/04/27/prepaid-cards-pros-and-cons/comment-page-1/#comment-21567 Yoram Mon, 15 Jun 2009 04:03:50 +0000 http://www.onemint.com/?p=1467#comment-21567 I think its not just about the pro's and con's but also how you can get around the cons and there are some great tips here how you can save on prepaid card fees - <a href="http://www.prepaid365.com/top-tips-for-using-your-prepaid-card.html" rel="nofollow">Top Tips for prepaid card savings</a> Cheers Yoram I think its not just about the pro’s and con’s but also how you can get around the cons and there are some great tips here how you can save on prepaid card fees – Top Tips for prepaid card savings

Cheers

Yoram

]]> By: manshuv http://www.onemint.com/2009/04/27/prepaid-cards-pros-and-cons/comment-page-1/#comment-19261 manshuv Mon, 11 May 2009 22:33:37 +0000 http://www.onemint.com/?p=1467#comment-19261 Great tip Birdie, thanks! Great tip Birdie, thanks!

]]> By: Birdie http://www.onemint.com/2009/04/27/prepaid-cards-pros-and-cons/comment-page-1/#comment-19245 Birdie Mon, 11 May 2009 19:49:57 +0000 http://www.onemint.com/?p=1467#comment-19245 One thing about using the prepaid cards at hotels/motels. When you check to see if they accept them, also ask if there is a maximum per day that you can charge onto them. We tried using debit cards for a hotel once, and discovered you were limited to a maximum amount daily. For a long-term stay, we had to remember to pay the bill every couple of days or be in BIG trouble. Not sure if it works like that for prepaid cards, but definitely worth making sure it does not :) One thing about using the prepaid cards at hotels/motels. When you check to see if they accept them, also ask if there is a maximum per day that you can charge onto them. We tried using debit cards for a hotel once, and discovered you were limited to a maximum amount daily. For a long-term stay, we had to remember to pay the bill every couple of days or be in BIG trouble. Not sure if it works like that for prepaid cards, but definitely worth making sure it does not :)

]]> By: Bankers Exchange Services http://www.onemint.com/2009/04/27/prepaid-cards-pros-and-cons/comment-page-1/#comment-18983 Bankers Exchange Services Thu, 07 May 2009 17:18:10 +0000 http://www.onemint.com/?p=1467#comment-18983 <strong>May 1031 Exchange Carnival...</strong> Welcome to the May 6, 2009 edition of 1031 exchange. Deposit Accounts presents The FDIC Is Running Out of Money: Is Your Money Safe? posted at Deposit Accounts. Patricia Turner presents ETF FAQs: Common Questions About ETF Investing | ETFdb poste... May 1031 Exchange Carnival…

Welcome to the May 6, 2009 edition of 1031 exchange.

Deposit Accounts presents The FDIC Is Running Out of Money: Is Your Money Safe? posted at Deposit Accounts.

Patricia Turner presents ETF FAQs: Common Questions About ETF Investing | ETFdb poste…

]]> By: Personal finance and investing http://www.onemint.com/2009/04/27/prepaid-cards-pros-and-cons/comment-page-1/#comment-18815 Personal finance and investing Mon, 04 May 2009 18:16:42 +0000 http://www.onemint.com/?p=1467#comment-18815 <strong>The Money Maniac Blog Carnival April 2009...</strong> Here is the time again with The Money Manic blog carnival April 2009. As expected, the response to this... The Money Maniac Blog Carnival April 2009…

Here is the time again with The Money Manic blog carnival April 2009. As expected, the response to this…

]]> By: manshuv http://www.onemint.com/2009/04/27/prepaid-cards-pros-and-cons/comment-page-1/#comment-18522 manshuv Thu, 30 Apr 2009 00:20:47 +0000 http://www.onemint.com/?p=1467#comment-18522 In fact, I have seen a lot of people saying that very thing in forums, that they were in debt, and then they got a prepaid card because at least it protects them from getting into debt again. In fact, I have seen a lot of people saying that very thing in forums, that they were in debt, and then they got a prepaid card because at least it protects them from getting into debt again.

]]> By: Mikael @ RetireRichRoadmap http://www.onemint.com/2009/04/27/prepaid-cards-pros-and-cons/comment-page-1/#comment-18510 Mikael @ RetireRichRoadmap Wed, 29 Apr 2009 19:46:50 +0000 http://www.onemint.com/?p=1467#comment-18510 One advantage of prepaid cards that I feel is left out is the fact that you can't spend more than you have which will be a great benefit to many people as most people struggle to control their finances. One advantage of prepaid cards that I feel is left out is the fact that you can’t spend more than you have which will be a great benefit to many people as most people struggle to control their finances.

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