Why are prepaid credit cards safer than cash?
I see it on many applications but is it only due to the fact that you have limited money in the account if your card was lost? Also if your card is actually lost does that mean the person who finds it will be able to deplete your card (assuming there are no password on the prepaid cards)? Or you can quickly request a new card through your issuer to avoid losing your lost funds? With a prepaid card, you control the spending and having access to cash is good, but car rentals and all online things require a credit card to purchase, try, etc. PIN numbers are given to prepaid card owners so if it is lost, you have 0% liability against unwarranted use. They…
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Why are prepaid credit cards safer than cash?
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