Prepaid credit cards: safer web shopping

Everything you need to know about prepaid credit cards ( speaking as of my experience, of course).
Since 2002, the prepaid credit cards are a phenomenon in the UK continues to expand thanks to the increasing number of offers from banks and credit companies.
This solves some problems of those who distrust from using credit cards for online payments.
In practice, theprepaid credit cards are payment cards with a credit to climb already loaded on the Card. The maximum amount of prepaid money is loaded; the ceiling is usually limited for security reasons.

The cost of prepaid credit cards are those of activation and recharge. They are issued by the bank and the post office and the cost of emission varies from 5 to 15 euro, the sum is preloaded net of fees or expenses. One can decide what amount to recharge on his/her prepaid credit card and then use it to make transactions on the Internet, in shops or cash withdrawals at ATMs.

A prepaid credit card Is not bound to support a current account and can not be rated. I am very used to shopping on the Web, a prepaid credit card is much safer than other types of cards as the maximum loss is limited to the amount of money available on paper. The prepaid credit card can be disposable or rechargeable batteries several times the desired amount. The commission charged, varies from 1 to 3 £, and it is possible at banks, post office, on the Internet, at ATMs and at some receivers.

Prepaid credit card's benefits :

• They are easy and quick to obtain, often it can be obtained directly at the counters of the issuing bank immediately upon presentation of proof of identity and payment of the amount of charge
• No interest such as revolving credit cards in fact the amount on the card is paid in advance when they will recharge.
• Prepaid cards are an excellent solution for those who do not have a bank account. Some lenders in particular have introduced cards exclusively for young people or students who generally are denied a traditional credit card due to the lack of a fixed income.
• Can be used anywhere. A prepaid Visa or Mastercard can be used both to make purchases on the Internet for shopping at the supermarket.

The disadvantages

• No need to pay attention to economic and ancillary costs, many require an activation fee of between 5 and 30 euro, and the cost of each charge can be up to 5 €.
• In case of any fraud do not provide the same protection as a traditional paper.
• If you intend to purchase a service that is paid periodically (eg, web space, subscriptions), the prepaid card has to be sufficiently recharged or it must be recharged from time to time small amounts (paying fees each time charging).
• In case of problems (double billing, incorrect charges) waiting times are long for any reimbursement, and assistance often

Hope I have been exhaustive ! Have a good day!