There are tons of questions running in the minds of everyone when it comes to credit cards. Many are new to the use of credits cards and are unaware what it is or what it does, so let's start from the top.
What Is A VISA Prepaid Card? A VISA prepaid cards allows you to carry your cash in a more efficient method. Credit cards allow you to use the bank's money and pay them back later, and a debit card lets you use your own money. Instead of being in the form of cash itself, you money, or the bank's money is in the electronic form of a card. The VISA prepaid card is also the same; it is a form of carrying money.
Which Credit Cards Give Benefits? All credit cards which are under the credit card programs let you avail benefits. Some of the cards are co-branded with companies which help you receive benefits off of them. If we assume BP merges with MasterCard and your bank accepts MasterCard credit cards, after reaching a certain amount of points, BP will offer you gifts such as free gas, or free ice cream, or a chance to win air tickets.
There is more than one kind of credit card, there are co-branded credit cards, some mistake debit cards for credit cards, and there is also a VISA prepaid card. These cards are different in their own way. The money contained within the account is the amount borrowed from the bank, which eventually has to be paid back.
How Would I Know About The Benefits And Offers? You may have seen those gigantic signs while driving on the road call billboards, or flyers on a restaurants or shops window, and brochures stuck in your wipers. These are all ways of advertisement which try and catch your attention to give you a heads up on these offers offered by credit card programs.
How Can I Receive The Card? You may apply for the VISA prepaid card online, or you can visit the bank. If you already have an account in the bank, you can call them and ask for one. This process may take a couple of days to go through. How Can I Find Out About The Benefits? You can find out if our card comes under the credit card programs by asking the store manager, employee, or anyone who is at your service.
How Can I Make Payments? You can use the card everywhere and make payments by either making a transaction or receiving the amount through an ATM, or by swiping your card through a card reader machine which will deduct the amount you have spent. If you swipe your card, you will be given a receipt which you will have to sign as proof that you have used this particular amount at the certain place.
Some companies may be co-branded with either one of the two, and some with both. This depends on the company. Let us assume the airline which has co-branded with VISA gives you a 10% discount on the usage of your credit cards whereas the airline co-branded with MasterCard gives another offer.
This may make you forget that you are using borrowed money. Unfortunately, if the amount borrowed on the VISA prepaid card or any other card is not returned on time, the bank will fine a late fees and can also charge interest on the amount. This means you have to pay more than the amount which you have used.
What Is A VISA Prepaid Card? A VISA prepaid cards allows you to carry your cash in a more efficient method. Credit cards allow you to use the bank's money and pay them back later, and a debit card lets you use your own money. Instead of being in the form of cash itself, you money, or the bank's money is in the electronic form of a card. The VISA prepaid card is also the same; it is a form of carrying money.
Which Credit Cards Give Benefits? All credit cards which are under the credit card programs let you avail benefits. Some of the cards are co-branded with companies which help you receive benefits off of them. If we assume BP merges with MasterCard and your bank accepts MasterCard credit cards, after reaching a certain amount of points, BP will offer you gifts such as free gas, or free ice cream, or a chance to win air tickets.
There is more than one kind of credit card, there are co-branded credit cards, some mistake debit cards for credit cards, and there is also a VISA prepaid card. These cards are different in their own way. The money contained within the account is the amount borrowed from the bank, which eventually has to be paid back.
How Would I Know About The Benefits And Offers? You may have seen those gigantic signs while driving on the road call billboards, or flyers on a restaurants or shops window, and brochures stuck in your wipers. These are all ways of advertisement which try and catch your attention to give you a heads up on these offers offered by credit card programs.
How Can I Receive The Card? You may apply for the VISA prepaid card online, or you can visit the bank. If you already have an account in the bank, you can call them and ask for one. This process may take a couple of days to go through. How Can I Find Out About The Benefits? You can find out if our card comes under the credit card programs by asking the store manager, employee, or anyone who is at your service.
How Can I Make Payments? You can use the card everywhere and make payments by either making a transaction or receiving the amount through an ATM, or by swiping your card through a card reader machine which will deduct the amount you have spent. If you swipe your card, you will be given a receipt which you will have to sign as proof that you have used this particular amount at the certain place.
Some companies may be co-branded with either one of the two, and some with both. This depends on the company. Let us assume the airline which has co-branded with VISA gives you a 10% discount on the usage of your credit cards whereas the airline co-branded with MasterCard gives another offer.
This may make you forget that you are using borrowed money. Unfortunately, if the amount borrowed on the VISA prepaid card or any other card is not returned on time, the bank will fine a late fees and can also charge interest on the amount. This means you have to pay more than the amount which you have used.
About the Author:
Online banking system tied with VISA credit card can be very tempting and can provide you pleasure. The internet banking software adds more benefit to this as well, but they come with consequences.